AUDJPY approaching support, potential bounce!
AUDJPY is approaching our first support at 80.62 (horizontal overlap support, 61.8% Fibonacci retracement) where a bounce might occur above this level pushing price up to our major resistance at 82.16 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal swing high resistance).
Stochastic (89,5,3) is approaching our support and we might see a bounce in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Stochastic (89,5,3) is approaching our support and we might see a bounce in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
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