AUD/JPY struggles at cloud support (82.90), short breaks below

FX:AUDJPY   Australian Dollar / Japanese Yen
238 0 7
AUD/JPY             broke rising trendline support at 84 on Tuesday's trade, downside is being capped by daily cloud which is strong support.

Pair struggles to breach cloud top currently at 82.90, we see scope for further downside only on a decisive close below.

Immediate support and resistance are located at 82.90(cloud top) and 83.67 (Mar 6th highs) respectively.

Technicals are supportive of downside in the pair, momentum studies are bearish .

Good to short breaks below 82.90, SL: 83.70, TP: 82.20/82/81.50
Trade closed: target reached
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out