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AUDJPY Approaching Resistance, Potential Reversal!

Oleh ICmarkets
Broker
AUDJPY is approaching its resistance at 82.75 (61.8% Fibonacci extension, 38.2% & 61.8% Fibonacci retracement, horizontal overlap resistance) where it could potentially reverse back down to its support at 82.01 (100% Fibonacci extension, 50% & 61.8% Fibonacci retracement, horizontal swing high resistance).
Stochastic (89, 5, 3) is approaching its resistance at 97% where a corresponding drop is expected.
audAUDJPYaudjpyshortChart PatternsForexforexsignalsHarmonic PatternsjpyTrend Analysis
ICmarkets
Broker
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
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