AUDJPY Approaching Support, Prepare For A Bounce
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AUDJPY is approaching its support at 75.34 (100% &61.8% Fibonacci extension , horizontal swing low support) where it could potentially bounce to its resistance at 77.28 (38.2% Fibonacci retracement , 61.8% Fibonacci extension , horizontal swing high resistance).
Stochastic (89, 5, 3) is approaching its support at 4% where a corresponding bounce could occur.
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Unpacking market dynamics & educating traders:
https://www.globalprime.com.au/market-research/the-daily-edge
