– AUDJPY reversed from pivotal support level 93.00
– Likely to test resistance level 95.00
AUDJPY currency pair recently reversed up from the pivotal support level 93.00, former strong resistance from December and February, which also reversed the pair sharply in July.
The upward reversal from the support level 93.00 is likely to form the daily Japanese candlesticks reversal pattern Morning Star.
Given the strongly bearish yen sentiment, AUDJPY can be expected to rise further toward the next resistance level 95.00.
- 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