AUDJPY Approaching Resistance, Potential Reversal
AUDJPY is approaching its resistance at 79.79 (100% Fibonacci extension, 78.6% Fibonacci retracement, horizontal swing high resistance) where it is expected to reverse down to its support at 78.53 (50% fibonacci retracement, horizontal swing low support).
Stochastic (89, 5, 3) is approaching its resistance at 90% where a corresponding reversal is expected.
Stochastic (89, 5, 3) is approaching its resistance at 90% where a corresponding reversal is expected.
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