AUDJPY approaching support, potential for bounce|2nd July 2021

Prices are approaching support which is in line with horizontal swing low support, 61.8% Fibonacci retracement and 161.8% Fibonacci extension. Prices might push up towards horizontal overlap resistance in line with 100% Fibonacci extension. If prices push down, prices might take support on horizontal swing low support in line with 100% Fibonacci extension and 161.8% Fibonacci retracement. Stochastics is also appraoching 7.01 level, potential for a bounce.

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