Main Quotes Calendar Forum
flag

FX.co ★ AUD/JPY profit target reached, time to turn bullish

parent
Forex Analysis:::2016-12-23T00:58:21

AUD/JPY profit target reached, time to turn bullish

Price has dropped perfectly to our profit target. We now turn bullish above major support at 84.64 (Fibonacci retracement, horizontal support, Fibonacci projection) for a push up to 85.70 resistance (Fibonacci retracement, horizontal swing high resistance).

Stochastic (34,5,3) shows major support at 14%.

Buy above 84.64. Set stop loss at 84.14 and take profit at 85.70.

AUD/JPY profit target reached, time to turn bullish

Analyst InstaForex
Share this article:
parent
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...