ChrisLaw1

AUDJPY: Bullish Bounce From Support

Long
OANDA:AUDJPY   Australian Dollar / Japanese Yen
Price is falling towards a very solid support zone which lines up with the 50% Fibonacci retracement and the 50MA.
From where we might see a bullish bounce to the resistance level which also lines up with the 100% Fibonacci projection.
I'm bullish biased.

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