AUD/JPY remain bearish - Forex247

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Monday, January 16, 2017

AUD/JPY remain bearish

We remain bearish below 86.08 resistance (Fibonacci retracement, recent swing high resistance, Fibonacci projection) for a short-term push down to 85.04 support.

Stochastic (21,5,3) is seeing major resistance at 91%.

Sell below 86.08. Stop loss at 86.44. Take profit at 85.04.

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