• AUDJPY broke round resistance level 90.00
• Likely to rise to resistance level 92.00
AUDJPY continues to rise inside the minor correction 4, which previously broke the round resistance level 90.00 intersecting with the 38.2% Fibonacci correction of the downward impulse from November.
The breakout of the resistance level 90.00 follows the earlier sharp upward reversal from the powerful long-term support level 87.65 (which started wave (3) in May).
AUDJPY can be expected to rise further toward the next resistance level 92.00 (target price for the completion of the active wave 4).
- EURCHF falling inside minor impulse wave 5 - Likely to fall to support level…
- USDCHF reversed from resistance zone - Likely to fall to support level 0.8860 USDCHF…
The US dollar is at two-year highs. Factors such as changes in the Fed's monetary…
The crypto market is experiencing a decline, with a potential further drop in value. Bitcoin…
- EURGBP reversed from support zone - Likely to rise to resistance level 0.8300 EURGBP…
- EURJPY broke resistance zone - Likely to rise to resistance level 165.00 EURJPY currency…
This website uses cookies