Get started
easyMarkets

AUDJPY approaching support, potential bounce!

Long
Australian Dollar / Japanese Yen (FX:AUDJPY)  
easyMarkets Broker  
FX:AUDJPY   Australian Dollar / Japanese Yen
Trend Analysis Harmonic Patterns Chart Patterns AUDJPY aud jpy chf CAD NZD EUR GBP
3
0
trendanalysis harmonicpatterns chartpattern audjpy aud jpy chf cad nzd eur gbp
AUDJPY is approaching our first support at 80.62 (horizontal overlap support, 61.8% Fibonacci retracement) where a bounce might occur above this level pushing price up to our major resistance at 82.16 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal swing high resistance).
Stochastic (89,5,3) is approaching our support and we might see a bounce in price.

Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.

Come join us today at : www.easymarkets.com/
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.