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AUDJPY Testing Resistance, Prepare For Reversal

由Tickmill提供

AUDJPY is testing its resistance at 77.67 (100% Fibonacci extension , 38.2 % Fibonacci retracement , horizontal swing high resistance) where a reversal to its support at 76.80(38.2 % Fibonacci retracement , horizontal swing low support) is expected.
Stochastic also shows a corresponding drop is expected.

This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results

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