AUD/JPY Daily Update (29/10/2016)
Bearish unless 80 level is broken strongly.
With a bearish engulf candle at a bear trench, I am slightly bearish for this pair.
The only thing that worries is the 2 trench supporting the upmove.
Once 80 is broken, I am bullish on this.
Key Resistance
- 80
- 82
Key Support
- 78.350
- 76.66
With a bearish engulf candle at a bear trench, I am slightly bearish for this pair.
The only thing that worries is the 2 trench supporting the upmove.
Once 80 is broken, I am bullish on this.
Key Resistance
- 80
- 82
Key Support
- 78.350
- 76.66
Comment:
+ 115 pips