AUDJPY approaching support, potential bounce!
AUDJPY is approaching its support at 82.028 (61.8% Fibonacci retracement, 61.8% Fibonacci retracement, 76.4% Fibonacci retracement, horizontal overlap support) where it could potentially bounce off, causing price to rise to its resistance at 83.04 (50% Fibonacci retracement, horizontal overlap resistance).
Stochastic (89, 5, 3) is approaching its support at 1.02% where we expect to see a corresponding bounce.
Stochastic (89, 5, 3) is approaching its support at 1.02% where we expect to see a corresponding bounce.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.