KarYong

AUDJPY: Trade with the Market Risk Environment

FX:AUDJPY   Australian Dollar / Japanese Yen
Price has been consolidating and trading in a range. The pairing of a commodity pair with Yen is always interesting to look for especially when the 'story' of the trade is on market risk environment.

A break above the recent high and resistance of 79.12 might see price reaching for the previous Supply Zone at 81.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.