– 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.
This week, we’re tracking the US Dollar’s powerful climb following Trump's victory, hitting a crucial…
Next week, several countries including Canada, the UK, and Japan will release their estimates of…
Investors have been selling off gold, with this week's drop being the largest in three…
The Hang Seng Index has fallen 20% from its peak, marking the start of a…
The S&P500 reached the 6000 mark but faced resistance due to fatigue and dollar appreciation.…
The crypto market has continued to cool down for the third day, with a 1.7%…
This website uses cookies