easyMarkets
Long

AUDJPY is approaching support, potential bounce!

FX:AUDJPY   Australian Dollar / Japanese Yen
AUDJPY             is approaching our first support at 83.31 (horizontal overlap support, 23.6%, 50% Fibonacci retracement , 100% Fibonacci extension ) which coincides with our short term ascending support line. A strong bounce might occur above this level, pushing price up to our major resistance at 84.07 (horizontal swing high resistance).
Stochastic (34,5,3) is also approaching our major support and a bounce off this level might be a good precursor for a potential rise in price.

Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.


Get real-time updates on our trading ideas with guidance from our team of wonderful analysts for free at our Live Trading Room : https://www.markettradersgroup.com/
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out