AUDUSD Reversed Off Resistance, Potential For A Further Drop

FOREXCOM:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD             reversed off its resistance at 0.7295 (61.8% Fibonacci extension , 23.6% Fibonacci retracement , horizontal swing high resistance) where it could potentially drop further to its support at 0.7201(38.2% Fibonacci retracement , horizontal swing low support). Stochastic (55, 5, 3) reversed off its resistance at 97% where a corresponding drop could occur.
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