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AUDJPY testing support, potential rise!

Oleh ICmarkets
Broker
AUDJPY is testing our first support at 83.07 (horizontal overlap support, breakout level) where it could potentially rise to our first resistance at 84.67 (horizontal swing high resistance, 50% Fibonacci retracement, 100% Fibonacci extension). Ichimoku cloud is also showing signs of bullish pressure, in line with our bullish bias.
RSI is also seeing a bullish exit where we might see a corresponding rise in price.
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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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