Get started
MEX_Exchange

AUDJPY Bounced Nicely Off Its Support, Remain Bullish

Long
Australian Dollar / Japanese Yen (FX:AUDJPY)  
MEX_Exchange  
FX:AUDJPY   Australian Dollar / Japanese Yen
Trend Analysis Chart Patterns Harmonic Patterns AUDJPY aud jpy audjpylong audjpyshort USD Bitcoin (Cryptocurrency) Forex forexsignals
10
0
trendanalysis chartpattern harmonicpatterns audjpy aud jpy audjpylong audjpyshort usd bitcoin forex forexsignals
Price bounced off its support at 81.975 (50% Fibonacci retracement, 38.2% Fibonacci retracement) where we expect to see a further rise to its next resistance at 82.590 (50% Fibonacci retracement, multiple swing high resistance).

Stochastic (34, 5, 3) made a corresponding bounce off its support at 5.7% where it still has a lot of upside potential.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.