The_Soldier

AUD/JPY remains bearish

Short
FX:AUDJPY   Australian Dollar / Japanese Yen
5
Price is approaching our selling area as expected. We remain bearish below 86.08 resistance (Fibonacci retracement, recent swing high resistance, Fibonacci projection), expecting a push down to 85.04 support in the short term. Stochastic (21,5,3) is seeing major resistance at 91%. Sell below 86.08. Set stop loss at 86.44 and take profit at 85.04.

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