AUDJPY is approaching its resistance at 79.34(100% Fibonacci extension , horizontal swing high resistance) where it could reverse down to its support at 78.788 (38.2%Fibonacci retracement ).
Stochastic (34, 5, 3) is approaching its resistance at 93% where a corresponding reversal is expected.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
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