FlowState

AUDJPY Approaching Support, Prepare For A Bounce

Long
FX:AUDJPY   Australian Dollar / Japanese Yen



AUDJPY is approaching its support at 75.28 (61.8% Fibonacci extension *2, horizontal swing low support) where it could potentially bounce to its resistance at 77.28 (38.2% Fibonacci retracement, horizontal swing high resistance).
Stochastic (89, 5, 3) is approaching its support where a corresponding bounce could occur.

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