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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