AUDJPY testing resistance, potential reversal!
AUDJPY is testing its resistance at 83.58 (76.4% Fibonacci retracement, 61.8% Fibonacci extension, horizontal overlap resistance) where it could reverse down to its support at 82.70 (100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap support).
Stochastic (89, 5, 3) is approaching its resistance at 98% where a corresponding reversal could occur.
Stochastic (89, 5, 3) is approaching its resistance at 98% where a corresponding reversal could occur.
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