AUD/JPY reaches profit target perfectly, prepare to buy above major support
AUD/JPY has dropped perfectly and reached our profit target. We prepare to buy above major support at 81.78 (Fibonacci extension, horizontal swing low support, bullish divergence) for a push up to at least 82.77 resistance (Fibonacci retracement, swing high resistance). Stochastic (34,5,3) is seeing strong support above 3.6% and also sees the long-term bullish divergence […]