AUDJPY bounced off major support, potential rise!

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AUDJPY bounced off its major support at 83.35 (horizontal overlap support, 38.2% Fibonacci retracement, 100% Fibonacci extension). A strong reaction could occur at this level, pushing price up to our next major resistance at 84.56 (horizontal swing high resistance, 38.2% Fibonacci retracement, 61.8% Fibonacci extension).
Stochastic (55,3,5) is also approaching its major support at 5% and a corresponding rise in price might occur should it bounce off this level.

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