AUDJPY Testing Resistance, Prepare For Reversal
AUDJPY is testing its resistance where a reversal could occur.
AUDJPY is testing its resistance at 81.79 (61.8% Fibonacci extension, 61.8% & 50% Fibonacci retracement, horizontal swing high resistance) where a reversal to its support at 82.57 (61.8% Fibonacci extension, horizontal swing low support) is expected.
Stochastic (55, 5, 3) has reversed off its resistance at 95% where a corresponding drop is expected.
AUDJPY is testing its resistance at 81.79 (61.8% Fibonacci extension, 61.8% & 50% Fibonacci retracement, horizontal swing high resistance) where a reversal to its support at 82.57 (61.8% Fibonacci extension, horizontal swing low support) is expected.
Stochastic (55, 5, 3) has reversed off its resistance at 95% where a corresponding drop is expected.
Penafian
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