FXCM

AUDJPY potential for pullback! | 14th March 2022

Short
FX:AUDJPY   Dollar australien/Yen japonais
Prices are at approaching a pivot . We see the potential for a pullback from our sell entry at 85.895 which is an area of Fibonacci confluences towards our Take Profit at 84.862 in line with 23.6% Fibonacci retracement and 61.8% Fibonacci retracement . Divergence is spotted on RSI , further supporting our bearish bias.

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