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AUDJPY Approaching Resistance, Potential Reversal

Oleh ICmarkets
Broker
AUDJPY is approaching its resistance at 78.24 (61.8% Fibonacci extension, 76.4% Fibonacci retracement, horizontal swing high resistance) where it may reverse down to its support at 78.59 (61.8% Fibonacci retracement).
Stochastic (55, 5, 3) is approaching its resistance at 98% where a corresponding reversal may occur
audAUDJPYaudjpylongaudjpyshortChart PatternsForexforexsignalforextradingHarmonic 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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