ICmarkets

AUDJPY Approaching Resistance, Potential For A Reversal

Short
FX:AUDJPY   Australian Dollar / Japanese Yen
AUDJPY is approaching its resistance at 80.64 (61.8% Fibonacci extension, 23.6% Fibonacci retracement, horizontal overlap resistance) where it could reverse down to its support at 80.19 (61.8% Fibonacci retracement, horizontal overlap support).
RSI (89, 5, 3) has broken out of its ascending support line.

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