Klimex

AUDJPY Approaching Resistance, Potential Reversal!

Short
FX:AUDJPY   Australian Dollar / Japanese Yen
AUDJPY is approaching its resistance at 79.34(100% Fibonacci extension, horizontal swing high resistance) where it could reverse down to its support at 78.788 (38.2%Fibonacci retracement ).

Stochastic (34, 5, 3) is approaching its resistance at 93% where a corresponding reversal is expected.

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