AUD/JPY whipsawing a lot, remain bullish for a strong rise
The price has been whipsawed a lot since yesterday, but is starting to form a nice reversal pattern. We look to buy above strong support at 86.95 (Fibonacci extension, Fibonacci retracement, horizontal swing low support, bullish divergence) for a bounce to at least 87.67 resistance (Fibonacci retracement, horizontal swing high resistance). Stochastic (89,3,1) is seeing […]