The AUDJPY rally from the low is viewed as corrective and should be retraced. A pop above 8120 would face resistance at 8200 (former support). The minimum bearish objective is below 7652
Thread: Aud/Jpy
The AUDJPY rally from the low is viewed as corrective and should be retraced. A pop above 8120 would face resistance at 8200 (former support). The minimum bearish objective is below 7652
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A strong and solid downtrend is shown in H1 graph but the morning star candle formed could be a good sign for this pair making corrections and according my expectation, price may arise to 96.25 (fibo 38.2%). A selling plan would be better after price success breakdown 95.49.
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If we look on H4 time frame, we can see that AUDJPY had been rejected for three times by the 82.66 resistance level. then, now AUDJPY is moving below the 82.17 resistance level. So, I think the bearish sentiment still run on AUDJPY. If AUDJPY can break the eysterday's low, I expect AUDJPY will fall to the 81.54 support level or even lower
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A strong and solid downtrend is shown in H1 graph but the morning star candle formed could be a good sign for this pair making corrections and according my expectation, price may arise to 96.25 (fibo 38.2%). A selling plan would be better after price success breakdown 95.49.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
I think AUDJPY is trying to reach the resistance level at 83.18
Then, if AUDJPY can break that resistance level, AUDJPY may continue going up and the next target is at around 84.44 as the next resistance level. But if fail, AUDJPY may fall to 81.99 support level
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seems a little trader who likes these pairs, because it has a wide spread. but no problem, my analysis of this, as learning is for me. but sometimes if my good moments membbuka position on these pairs.
for the current trend is not clear. marbels in D1 did appear white, but still be close to the line. heiken a small candle, show prices are still able to move anywhere. you should wait but if you dare to take risks, please put in 84.96 SELL LIMIT.
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Aud/Jpy trend is buy
Resistance and Supporting level is:
Resistance 1:78.33
Resistance 2:78.46
Resistance 3:78.58
Supporting 1:78.03
Supporting 2:77.90
Supporting 3:77.80
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Today aud/jpy current rate : 78.290
Today by observing all the routine of the market carefully i have come to know that the most
suitable and the most profitable selling point will be 78.021
and today the most profitable buy point will be 78.369
I hope you will follow my signals
good luck
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I think AUDJPY is trying to reach the resistance level at 83.18
Then, if AUDJPY can break that resistance level, AUDJPY may continue going up and the next target is at around 84.44 as the next resistance level. But if fail, AUDJPY may fall to 81.99 support level
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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Aud/Jpy technical analysis is bullish
1. Resistance Level:78.35
2. Resistance Level:78.47
3. Resistance Level: 78.56
1. Supporting Level: 78.05
2. Supporting Level: 77.94
3. Supporting Level: 77.83
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