AUD/JPY profit target reached, turn bullish.

Price dropped perfectly to our profit target previously. We now turn bullish above major support at 79.16 (Fibonacci retracement, Fibonacci projection, horizontal support) for a push up to 80.00.

RSI (21) is above major support at 39%.

Stochastic (21,5,3) is above major support at 40%.

Buy above 79.16. Stop loss at 78.72. Take profit at 80.00.

The material has been provided by InstaForex Company - www.instaforex.com

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