easyMarkets
Long

AUDUSD approaching support, potential bounce!

FX:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD is approaching our first support at 0.7161 (61.8% Fibonacci retracement , horizontal overlap support) where a strong bounce might occur above this level pushing price up to our major resistance at 0.7213 (100% Fibonacci extension , 23.6% Fibonacci retracement ).
Stochastic (34, 5, 3) is also approaching support where we might see a bounce this level.

Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out