Klimex

AUDUSD Approaching Support, Potential Bounce

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD is approaching its support at 0.7163 (61.8% Fibonacci retracement , horizontal overlap support) where it could potentially bounce to its resistance at 0.7278 (61.8% Fibonacci extension , horizontal overlap resistance).

Stochastic (89, 5, 3) is approaching its support at 0.9% where a corresponding bounce could occur.
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