AUD/JPY profit target reached perfection, the time to start buying




The price has dropped absolutely perfectly for our sales floor, and reached our profit target. We are preparing to buy above major support at 87.81 (Fibonacci retracement, horizontal overlap of support, Fibonacci extension) for a push up to at least 88.75 resistance (Fibonacci retracement, horizontal swing high resistance).

Stochastic (31,3,1), it is to see a strong support to the above of 2.5% where we expect a rebound.

Buy above 87.81. Stop loss is at 87.40. Take profit is at 88.75.



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