Euro / Australian Dollar
Short

EURAUD Approaching Resistance, Potential Reversal

76
EURAUD is approaching its resistance at 1.5752 (100% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap resistance) where it could potentially reverse down to its support at 1.5498 (61.8% Fibonacci extension, 61.8% Fibonacci retracement).
Stochastic (89, 5, 3) is approaching its resistance at 92% where a corresponding reversal could occur.

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