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AUD/USD approaching support, prepare for a bounce

AUDUSD is approaching its support at 0.7242 (61.8% Fibonacci extension, 23.6% Fibonacci retracement, horizontal overlap support) where it could potentially bounce to the resistance at 0.7296 (horizontal swing high resistance). Stochastic (55, 5, 3) is approaching its support at 2.5% where a corresponding bounce could occur. AUDUSD is approaching its support where we expect to see a bounce. Buy above 0.7...
by Jeff Wecker
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USD/CHF Approaching Resistance, Prepare For Reversal

USD/CHF is testing its resistance at 0.9604 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap resistance) where a reversal to its support at 0.9554 (horizontal swing low support) is expected. Stochastic (55, 5, 3) is approaching its resistance at 95% where a corresponding drop is expected. USD/CHF is testing its resistance where we expect to see a reversal. Sell below 0.9... Read More
by Jeff Wecker
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NZD/USD Approaching Resistance, Prepare For Reversal

NZD/USD is approaching its resistance at 0.6717 (100% Fibonacci extension, 38.2%, 61.8%, 23.6% Fibonacci retracement, horizontal overlap resistance) where a reversal to its support at 0.6635 (38.2% Fibonacci retracement, horizontal overlap support) is expected. NZD/USD is testing its resistance where we expect to see a reversal. Sell below 0.6... Read More
by Jeff Wecker
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NZD/USD Testing Resistance, Prepare For Reversal

NZD/USD is testing its resistance at 0.6719(100% Fibonacci extension, 50% & 38.2% & 23.6% Fibonacci retracement, horizontal overlap resistance) where a reversal to its support at 0.6622(38.2% Fibonacci retracement, horizontal swing low support) is expected. Stochastic (55, 5, 3) has reversed off its resistance at 96% where a corresponding drop is expected. NZD/USD is testing its resistance where we expect to see a reversal. Sell below 0.6
by Jeff Wecker
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AUD/USD Testing Resistance, Prepare For Reversal

AUD/USD is testing its resistance at 0.7315 (100% Fibonacci extension, 76.4% & 38.2% Fibonacci retracement, horizontal overlap resistance) where a reversal to its support at 0.7223 (38.2% Fibonacci retracement, horizontal pullback support) is expected. Stochastic (55, 5, 3) has reversed off its resistance at 97% where a corresponding drop is expected. AUD/USD is testing its resistance where we expect to see a reversal. Sell below 0.7
by Jeff Wecker