AUD/JPY is approaching its support at 81.90 (61.8% Fibonacci extension x2, 61.8% Fibonacci retracement, horizontal swing low support) where we expect the price to rise to its resistance at 82.86 (76.4% Fibonacci retracement, horizontal overlap resistance).
Stochastic (55, 5, 3) is approaching its support at 4.1% where a corresponding bounce is expected.
AUD/JPY is approaching its support where we expect to see a bounce.
Buy above 81.90. Stop loss at 81.30. Take profit at 82.86.
.
.
.
.
.
.
.
#theforexarmy #forexsigns #forexsignals #forexfamily #forexgroup #forexhelp #forexcourse #forextrade #forexdaily #forexmoney #forexentourage #forextrading #forex #forexhelptrading #forexscalping #babypips #forexfactory #forexlife #forextrader #financialfreedom #daytrader #scalper #swingtrader #fx #currency #pips #technicalanalysis #forexmarket
The material has been provided by InstaForex Company - www.instaforex.com