EUR/AUD Approaching Resistance, Prepare For A Reversal
EUR/AUD is approaching its resistance at 1.5925 (100% Fibonacci extension, 50% Fibonacci retracement, horizontal swing high resistance) where it is expected to reverse down to its support at 1.5856 (61.8% Fibonacci retracement, horizontal swing low support).
Stochastic (55, 5, 3) is approaching its resistance at 98% where a corresponding reversal is expected. EUR/AUD is approaching its resistance where we expect to see a reversal.
Sell below 1.5... Read More...
Jeff Wecker