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AUDJPY is approaching support, potential bounce!

Long
Dollaro australiano / Yen giapponese (FX:AUDJPY)  
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FX:AUDJPY   Dollaro australiano / Yen giapponese
Trend Analysis Harmonic Patterns Chart Patterns AUDJPY aud jpy audjpylong audjpyshort Forex forextrading forexsignals
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trendanalysis harmonicpatterns chartpattern audjpy aud jpy audjpylong audjpyshort forex forextrading forexsignals
Price is approaching our first support at 81.14 (horizontal swing low support, 100% Fibonacci extension) and might rise up to our major resistance at 82.69 (horizontal overlap resistance, 100% Fibonacci extension).
Stochastic (55,5,3) is also seeing a bullish divergence and approaching our support where a bounce off this level might see a corresponding rise in price.
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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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