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FX.co ★ Daily Video Analysis: AUDJPY reacting above key support! Bounce incoming

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Forex Analysis:::2021-07-28T10:08:35

Daily Video Analysis: AUDJPY reacting above key support! Bounce incoming

AUDJPY dropped lower and is testing key graphical overlap support where we also have Fibonacci confluence at our 1st support at 80.683. A short term bounce towards our 1st resistance at 81.334 where it is also the descending trendline resistance could be possible. Stochastic is bouncing above support as well

Analyst InstaForex
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