AUD/JPY Ready to retest 83.700?

FX:AUDJPY   Australian Dollar / Japanese Yen
78 0 1
Chart: Daily time frame
Mode: Down trending market

AUD/JPY             after a long bearish run saw prices last week pull back to retest a key
resistance zone around the 83.700 area. With increased volatility , we're likely to see
prices this week bounce off these key levels again before resuming its bearish trend .

Bearish Evidence:

1. 20 EMA Below 50 EMA
2. Daily candlestick high above 20 EMA
3. Daily candlestick open/close below 20 EMA
4. Price bounced of 83.700 resistance zone (red box)

Short Term Target set for @ 80.735
Long Term Target set for @ 75.400
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
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