AUDJPY approaching resistance, potential drop!
AUDJPY is approaching our first resistance at 83.10 (horizontal swing high resistance, 61.8% Fibonacci extension, 61.8% Fibonacci retracement) where price might potentially drop to our first support at 82.03 (horizontal swing low support, 38.2% Fibonacci retracement).
Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price should it react off this level.
Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price should it react off this level.
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