Get started
fXVolume

AUDJPY Faces Strong Resistance and Volume Divergent

Long
Australian Dollar / Japanese Yen (FX:AUDJPY)  
fXVolume  
FX:AUDJPY   Australian Dollar / Japanese Yen
Trend Analysis Chart Patterns Wave Analysis AUDJPY audjpylong
0
0
trendanalysis chartpattern waveanalysis audjpy audjpylong
AUDJPY has got an important point, the formation of volume divergence. This will cause prices to experience a tendency to change direction.

The price has been corrected for a while and is facing a fairly strong resistance pressure.

The price will move slightly higher than 79.2 and will return to at least at the Fibonacci level 1.00 or move further to Fibonacci level 1.618.

Related Ideas

fXVolume
NZDJPY Expected for More Upside
fXVolume
USDJPY soon it will turn into a bearish if divergent happen
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.