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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