AUD/JPY profit target reached again, prepare to sell

Price has shot up and reached our profit target perfectly. We prepare to sell below 84.53 resistance (Fibonacci extension, horizontal swing high resistance) for a push down to at least 83.90 support (Fibonacci retracement, horizontal pullback support). Stochastic (34,5,3) is seeing strong resistance below 93% where we expect a drop from. Correlation analysis: We’re expecting […]