AUDCAD Approaching Resistance, Potential Reversal
AUDCAD is approaching its resistance at 0.9574 (61.8% Fibonacci retracement, horizontal overlap resistance) where it could potentially reverse down to its support at 0.9464 (38.2% Fibonacci retracement, Horizontal swing low support).
Stochastic (89, 5, 3) is testing its resistance at 98% where a potential reversal could occur.
Stochastic (89, 5, 3) is testing its resistance at 98% where a potential reversal could occur.