ICmarkets
Short

AUDJPY Approaching Resistance, Potential Reversal

FX:AUDJPY   Australian Dollar / Japanese Yen
AUDJPY is approaching its resistance at 78.84 (61.8% Fibonacci retracement , horizontal overlap resistance) where it could potentially reverse down to its support at 75.79 (38.2% Fibonacci retracement ).
Stochastic (89, 5, 3) is approaching its resistance at 98% where a corresponding reversal could occur.
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