AUD/JPY appears to be reversing course ahead of the monthly high (98.61) as it no longer trades within the confines of an ascending channel.
AUD/JPY Rate Outlook
AUD/JPY breaks below channel support following the failed attempts to test the 2022 high (98.77), with a close below the 97.40 (61.8% Fibonacci extension) to 97.90 23.6% Fibonacci extension) region raising the scope for a move towards 96.10 (78.6% Fibonacci retracement), which largely lines up with the 50-Day SMA (96.05).
Next area of interest comes in around the monthly low (95.61), but AUD/JPY may stage further attempts to test the 2022 high (98.77) if it struggles to close below the 97.40 (61.8% Fibonacci extension) to 97.90 23.6% Fibonacci extension) region.
AUD/JPY Rate Outlook
AUD/JPY breaks below channel support following the failed attempts to test the 2022 high (98.77), with a close below the 97.40 (61.8% Fibonacci extension) to 97.90 23.6% Fibonacci extension) region raising the scope for a move towards 96.10 (78.6% Fibonacci retracement), which largely lines up with the 50-Day SMA (96.05).
Next area of interest comes in around the monthly low (95.61), but AUD/JPY may stage further attempts to test the 2022 high (98.77) if it struggles to close below the 97.40 (61.8% Fibonacci extension) to 97.90 23.6% Fibonacci extension) region.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.