AUD/JPY approaching resistance, potential drop!


Trading Recommendation


Reason for Entry: horizontal swing high resistance, 78.6% fibonacci retracement

Take Profit : 66.970

Reason for Take Profit: 100% fibonacci extension, 50% fibonacci retracement and horizontal pullback support

Stop Loss: 68.898

Reason for Stop loss: Horizontal swing high resistance

The material has been provided by InstaForex Company –

Source:: AUD/JPY approaching resistance, potential drop!

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