AUDJPY is approaching its support at 82.028 (61.8% Fibonacci retracement, 61.8% Fibonacci retracement, 76.4% Fibonacci retracement, horizontal overlap support) where it could potentially bounce off, causing price to rise to its resistance at 83.04 (50% Fibonacci retracement, horizontal overlap resistance). Stochastic (89, 5, 3) is approaching its support at 1.02% where we expect to see a corresponding bounce.
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