TradeGATEHub

AUDJPY is facing bearish pressure from our first resistance !

Short
FX:AUDJPY   Australian Dollar / Japanese Yen
AUDJPY is approaching our 1st resistance at 78.598, in line with our 78.6% fib extension and trendline resistance, where we could see a potential reversal towards our first support target where the 61.8% fib retracement is. Stochastics is also signaling that the price could reverse further from recent resistance level .
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.