AUDJPY facing pressure from 1st resistance, further drop expect

14 сент. 2020 г.

Price is facing bearish pressure from the first resistance level, in line with 61.8% fib retracement and descending trendline resistance where we could see a drop to our support level where the 50% fib retracement and horizontal swing low support are. Stochastics is also showing that more bearishness is possible.