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28.07.2021: Forex Analysis & Reviews: 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

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Dean Leo,
Analytical expert of InstaForex
© 2007-2024
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