EURAUD Reversed Off Resistance, Potential Drop!

EURAUD reversed off its resistance at 1.6037 (100% Fibonacci extension, 38.2% Fibonacci retracement, horizontal swing high resistance) where it is expected to drop further to its support at 1.5955 (38.2% Fibonacci retracement, horizontal pullback support).
Stochastic (89, 5, 3) reversed off its resistance at 98% where a corresponding drop is expected.
Chart PatternsHarmonic PatternsTrend Analysis

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