AUDJPY Approaching Resistance, Potential Reversal!
AUDJPY is approaching its resistance at 82.75 (61.8% Fibonacci extension, 38.2% & 61.8% Fibonacci retracement, horizontal overlap resistance) where it could potentially reverse back down to its support at 82.01 (100% Fibonacci extension, 50% & 61.8% Fibonacci retracement, horizontal swing high resistance).
Stochastic (89, 5, 3) is approaching its resistance at 97% where a corresponding drop is expected.
Stochastic (89, 5, 3) is approaching its resistance at 97% where a corresponding drop is expected.
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