AUDUSD dropping nicely, strong potential for further drop!
AUDUSD is dropping perfectly and we see our 1st major resistance at 0.7567 (Fibonacci retracement, horizontal overlap resistance, Fibonacci extension, bearish Ichimoku cloud). Our next major support is at 0.7525 (Fibonacci extension, horizontal swing low support).
Stochastic (89,5,3) I seeing major resistance below 96% where a corresponding reaction could occur.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Stochastic (89,5,3) I seeing major resistance below 96% where a corresponding reaction could occur.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
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