Tickmill

AUDJPY Approaching Support, Potential Bounce!

Long
FX:AUDJPY   Australian Dollar / Japanese Yen
AUDJPY is approaching its support at 81.9% where a corresponding bounce could occur, causing price to rise to its resistance 82.80 (horizontal overlap resistance).
Stochastic (55, 5, 3) is approaching its support at 4.4% where a corresponding bounce could occur.

This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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