AUD/JPY Approaching Resistance, Prepare For A Reversal!
August 17, 2018 10:22 am
AUD/JPY is approaching its resistance at 80.79 (61.8% Fibonacci extension, 23.6% Fibonacci retracement x2, horizontal overlap resistance) where it is expected to reverse down to its support at 79.65 (100% Fibonacci extension).
Stochastic (34, 5, 3) is approaching its resistance at 97% where a corresponding reversal is expected.
AUD/JPY is approaching its resistance where we expect to see a reversal.
Sell below 80.79. Stop loss 81.41. Take profit at 79.65.
AUD/JPY is approaching its resistance at 80.79 (61.8% Fibonacci extension, 23.6% Fibonacci retracement x2, horizontal overlap resistance) where it is expected to reverse down to its support at 79.65 (100% Fibonacci extension).
Stochastic (34, 5, 3) is approaching its resistance at 97% where a corresponding reversal is expected.
AUD/JPY is approaching its resistance where we expect to see a reversal.
Sell below 80.79. Stop loss 81.41. Take profit at 79.65.
.
.
.
.
.
#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
Related Posts: