AUDJPY Technical Outlook
AUD/JPY has tested levels unseen since August 2015. Technical indicators are biased higher, scope for continuation of the bullish run. Next major bull target lies at 76.4% Fib retracement at 94.68.
Price action has spiked past 200-month MA raising scope for further gains
The pair has broken above 61.8% Fib retracement at 88.02
Stochs and RSI are sharply higher, momentum is bullish
Price action has spiked past 200-month MA raising scope for further gains
The pair has broken above 61.8% Fib retracement at 88.02
Stochs and RSI are sharply higher, momentum is bullish
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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.