AUD/USD Reversed Off Resistance, Prepare For Further Drop
AUD/USD reversed off its resistance at 0.7284 (100% Fibonacci extension, 61.8%, 50%, 23.6% Fibonacci retracement, horizontal overlap resistance) where it is expected to drop further to its support at 0.7231 (23.6% Fibonacci retracement, horizontal swing low support).
Stochastic (55, 5, 3) reversed off its resistance at 97% where a corresponding drop is expected. AUD/USD reversed off its resistance where we expect to see a further drop.
Sell below 0.7... Read More
Jeff Wecker