AUDJPY Testing Resistance, Potential Drop!
AUDJPY is testing its resistance at 80.79 (23.6% & 38.2% Fibonacci retracement, horizontal overlap resistance) where a reversal to its support at 79.85 (100% Fibonacci extension, horizontal swing low support) could occur.
Stochastic (55, 5, 3) has reversed off its resistance at 97% where a corresponding drop could occur.
Stochastic (55, 5, 3) has reversed off its resistance at 97% where a corresponding drop could occur.
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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.