AUDJPY Approaching Resistance, Potential Reversal!
AUDJPY is approaching its resistance at 79.34(100% Fibonacci extension, horizontal swing high resistance) where it could reverse down to its support at 78.788 (38.2%Fibonacci retracement ).
Stochastic (34, 5, 3) is approaching its resistance at 93% where a corresponding reversal is expected.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Stochastic (34, 5, 3) is approaching its resistance at 93% where a corresponding reversal is expected.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
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