AUDUSD is approaching our first resistance at 0.7145 (38.2% Fibonacci retracement , 61.8% Fibonacci extension , horizontal pullback resistance) where we might see a drop in price to our first support at 0.7092 (horizontal swing low support, 100% Fibonacci extension . 61.8% Fibonacci retracement ).
Stochastic (89,5,3) is also approaching resistance and we might see a corresponding drop in price should it react off this level.
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