AUD/JPY forming a strong reversal, remain bullish
Price bounced perfectly above our stop loss and is forming a strong bullish reversal. We remain bullish above major support at 82.59 (Fibonacci retracement, horizontal support, bullish divergence) and we expect a strong bounce above this level to at least 83.27 resistance (Fibonacci retracement, horizontal pullback resistance). Stochastic (89,5,3) is seeing strong support above the […]