AUDJPY approaching 1st support, potential for a further rise!
AUDJPY dropped nicely and is likely to bounce from 1st support, where the graphical overlap, 61.8% fib retracement, 127% fib extension are. Potential target could be at graphical swing high is. Stochastics also shows a bullish momentum is building.
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.