AUDNZD Testing Resistance, Potential Reversal!
AUDNZD is testing its resistance at 1.0853 (100% & 61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap resistance) where price could potentially react off, reversing down to its support at 1.0782 (38.2% Fibonacci retracement, horizontal overlap support).
Stochastic (89, 5, 3) is approaching its resistance at 94% where a corresponding reversal could occur.
Stochastic (89, 5, 3) is approaching its resistance at 94% where a corresponding reversal could occur.
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