AUDJPY Short-term Technical Outlook
These technical outlooks are NOT trade ideas, they are simply technical analysis to give traders a DIRECTIONAL BIAS on the day.
Good evening traders!
Buyers remain in control on this pair, pushing price above the 85.75 key resistance right out of the gate.
Buyers must hold their ground to see further upside with next key resistance at 86.17.
Only a break below key support at 85.56 will take pressure off the upside and potentially put sellers in control.
At this time buying opportunities are preferred.
Enjoy!
Good evening traders!
Buyers remain in control on this pair, pushing price above the 85.75 key resistance right out of the gate.
Buyers must hold their ground to see further upside with next key resistance at 86.17.
Only a break below key support at 85.56 will take pressure off the upside and potentially put sellers in control.
At this time buying opportunities are preferred.
Enjoy!
