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Australian Dollar / Japanese Yen
Short

AUDJPY Testing Resistance, Prepare For Reversal

By Tickmill
Broker

AUDJPY is testing its resistance at 77.67 (100% Fibonacci extension , 38.2 % Fibonacci retracement , horizontal swing high resistance) where a reversal to its support at 76.80(38.2 % Fibonacci retracement , horizontal swing low support) is expected.
Stochastic also shows a corresponding drop is expected.
audAUDJPYChart PatternsforexsignalsHarmonic PatternsjpyTrend Analysis
Tickmill
Broker
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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