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Klimex
Jan 11, 2019 2:47 AM

GBPAUD Testing Support, Potential Bounce Long

GBP/AUDOANDA

Description

GBPAUD is testing its support at 1.7721 (50% Fibonacci retracement , horizontal overlap support) where it could potentially bounce to its resistance at 1.8360 (23.6% Fibonacci retracement , horizontal swing high resistance).
Stochastic (89, 5, 3) is testing its support at 0.9% where a corresponding bounce could occur.
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