Klimex

AUDUSD Approaching Resistance, Potential Reversal

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD is approaching its resistance at 0.7242 (76.4% Fibonacci retracement , horizontal swing high resistance) where it could potentially reverse to its support at 0.7147 (23.6% Fibonacci retracement , horizontal overlap support).

Stochastic (89, 5, 3) is approaching its resistance at 98% where a reversal could occur.
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