AUDJPY is reversing from 1st resistance, potential for further d

Short

Australian Dollar / Japanese Yen (FX:AUDJPY)

FX:AUDJPY Australian Dollar / Japanese Yen

harmonicpatterns chartpattern trendanalysis aud jpy audjpy forexsignals

AUDJPY is reversing from 1st resistance, where the horizontal swing high and 76.4% fib retracement are. Price could reverse further towards our 1st support where the 78% fib extension and 38% fib retracement are. Stochastics is also showing signs of bearishness.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.