AUDUSD approaching major support, potential for bounce!
AUDUSD is approaching strong support at 0.7759 which is a 61.8% Fibonacci extension (a common extension used for profit taking), a horizontal swing low support, a long term overlap support and it corresponds to the support area we're seeing on Stochastic.
If it does bounce from there, the next big resistance is at 0.7891 which sees multiple fibonacci retracements and a strong horizontal overlap resistance.
If it does bounce from there, the next big resistance is at 0.7891 which sees multiple fibonacci retracements and a strong horizontal overlap resistance.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.