AUDJPY testing support, potential rise!
AUDJPY is testing our first support at 83.07 (horizontal overlap support, breakout level) where it could potentially rise to our first resistance at 84.67 (horizontal swing high resistance, 50% Fibonacci retracement, 100% Fibonacci extension). Ichimoku cloud is also showing signs of bullish pressure, in line with our bullish bias.
RSI is also seeing a bullish exit where we might see a corresponding rise in price.
RSI is also seeing a bullish exit where we might see a corresponding rise in price.
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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.