AUDJPY Weekly analysis
Current bearish analysis for AUDJPY.
My observations:
- Price closing below my resistance zone at 85.903 indicating less bullish momentum.
-failure to break the high if March 2021
-break below 50MA on daily time frame
-Double top formation
My observations:
- Price closing below my resistance zone at 85.903 indicating less bullish momentum.
-failure to break the high if March 2021
-break below 50MA on daily time frame
-Double top formation
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.