AUDJPY is approaching our first resistance at 84.78 (horizontal swing high resistance, 61.8% Fibonacci extension, 50% Fibonacci retracement) and a strong reaction might occur below this level pushing price down to our major support at 82.78 (horizontal swing low support, 50% Fibonacci retracement).
Stochastic (89,5,3) is also approaching our resistance and a reaction off this level might see a corresponding drop in price.
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