Get started
ICmarkets

AUDJPY Testing Resistance, Potential Drop!

Short
Australian Dollar / Japanese Yen (FX:AUDJPY)  
ICmarkets Broker  
FX:AUDJPY   Australian Dollar / Japanese Yen
Trend Analysis Harmonic Patterns Chart Patterns AUDJPY aud jpy audjpyshort Forex forexsignals
85
1
trendanalysis harmonicpatterns chartpattern audjpy aud jpy audjpyshort forex forexsignals
AUDJPY is testing its resistance at 80.79 (23.6% & 38.2% Fibonacci retracement, horizontal overlap resistance) where a reversal to its support at 79.85 (100% Fibonacci extension, horizontal swing low support) could occur.
Stochastic (55, 5, 3) has reversed off its resistance at 97% where a corresponding drop 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.