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Aleksin_Aleksandar

AUDJPY monthly chart

Australian Dollar / Japanese Yen (FX_IDC:AUDJPY)  
Aleksin_Aleksandar Updated   
FX_IDC:AUDJPY   Australian Dollar / Japanese Yen
Support and Resistance Trend Lines
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supportandresistance trendline
AUDJPY monthly chart. Here we see how the AUDJPY pair has moved over the past 30 years. On the upside, we have a resistance zone of 100,000-105,000, while on the downside, we have support in the 55,000-60,000 zone. We are currently at the 94,200 level, we see a slowdown, but we can expect to climb up to the 100,000 level. The BOJ still maintains a dovish stance and stays with a loose monetary policy. On Thursday, the interest rate remained at the same level, -0.10%, and such a move could push the pair to the upper resistance zone.
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UnknownUnicorn15614419
✅TS ❕ AUDJPY: bounced off✅
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