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AUDJPY Bounced Nicely Off Support, Potential Rise!

Oleh ICmarkets
Broker
AUDJPY bounced nicely off its support at 78.31 (100% & 61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 78.97 (50% Fibonacci retracement, horizontal pullback resistance).
Stochastic (89, 5, 3) is bounced off its support at 1.7% where a corresponding rise could occur.
Chart PatternsHarmonic PatternsTrend Analysis
ICmarkets
Broker
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
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