AUDJPY Approaching Resistance, Potential Reversal
AUDJPY is approaching its resistance at 78.69 (61.8% Fibonacci extension, 23.6% Fibonacci retracement, horizontal overlap resistance) where it could potentially reverse down to its support at 77.62 (horizontal swing low support).
Stochastic (55, 5, 3) is approaching its resistance at 94% where a corresponding reversal could occur.
Stochastic (55, 5, 3) is approaching its resistance at 94% where a corresponding reversal could occur.
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