EURAUD Reversed Off Resistance, Potential For Further Drop

EURAUD approaching its resistance at 1.5891 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing high resistance) where it could drop further to its support at 1.5730 (50% Fibonacci retracement).
Stochastic (89, 5, 3) reversed off its resistance at 99% where a corresponding drop could occur.
audChart PatternsEUREURAUDeuraudshortForexforexsignalsHarmonic PatternsTrend Analysis

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