AUDJPY approaching resistance, potential drop!
AUDJPY is approaching our first resistance at 82.03 (38.2%, 76.4% Fibonacci retracement, horizontal swing high resistance, 100% Fibonacci extension, channel upper resistance). A strong reaction might occur at this level, pushing price down to our major support at 81.46 (horizontal overlap support, 50% Fibonacci retracement).
Stochastic (21,5,3) is also seeing a bearish divergence and is reacting off our major resistance at 94%, a good precursor of a potential drop in price.
Losses can exceed the initial investment so please ensure you fully understand the risks Trading CFDs on margin carries high risk.
Stochastic (21,5,3) is also seeing a bearish divergence and is reacting off our major resistance at 94%, a good precursor of a potential drop in price.
Losses can exceed the initial investment so please ensure you fully understand the risks Trading CFDs on margin carries high risk.
Trade fermée: cible de profit atteinte
Caught the drop nicely to our major support :)
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Come join us today at : easymarkets.com/
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.