Get started
ICmarkets

AUDJPY Approaching Resistance, Potential Reversal

Short
Australian Dollar / Japanese Yen (FX:AUDJPY)  
ICmarkets Broker  
FX:AUDJPY   Australian Dollar / Japanese Yen
Trend Analysis Harmonic Patterns Chart Patterns AUDJPY aud jpy CAD NZD EUR chf USD GBP
135
0
trendanalysis harmonicpatterns chartpattern audjpy aud jpy cad nzd eur chf usd gbp
AUDJPY is approaching its resistance at 78.69 (61.8% Fibonacci extension, 23.6% Fibonacci retracement, horizontal overlap resistance) where it could potentially reverse down to its support at 77.62 (horizontal swing low support).
Stochastic (55, 5, 3) is approaching its resistance at 94% where a corresponding reversal could occur.
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
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.