AUD/JPY approaching profit target perfectly, prepare to sell
Price has bounced off our buy entry perfectly yesterday and has risen strongly towards our profit target. We prepare to sell below major resistance at 82.94 (Fibonacci retracement, horizontal resistance) for a push down to 81.92 support (Fibonacci extension, horizontal swing low support). Stochastic (34,5,3) is seeing strong resistance below the 93% where we expect […]