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AUDJPY Approaching Resistance, Potential Reversal

Por ICmarkets
Corretora
AUDJPY is approaching its resistance at 79.79 (100% Fibonacci extension, 78.6% Fibonacci retracement, horizontal swing high resistance) where it is expected to reverse down to its support at 78.53 (50% fibonacci retracement, horizontal swing low support).
Stochastic (89, 5, 3) is approaching its resistance at 90% where a corresponding reversal is expected.
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ICmarkets
Corretora
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
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