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Klimex

AUDUSD Reversed Off Resistance, Potential For A Further Drop

Short
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
Klimex  
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Harmonic Patterns Chart Patterns AUDUSD aud USD CAD NZD EUR jpy chf GBP
10
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trendanalysis harmonicpatterns chartpattern audusd aud usd cad nzd eur jpy chf gbp
AUDUSD reversed off its resistance at 0.7241 (76.4% Fibonacci retracement, horizontal swing high resistance) where it could potentially drop further to its support at 0.71212 (23.6% Fibonacci retracement, horizontal swing low support).

Stochastic (89, 5, 3) reversed off its resistance at 98% where a further drop could occur.
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