AUDJPY momentum has turned bullish after being in a bearish cycle.
Key indicators:
Hit 61.8 Fib which is also a key level of support. 61.8 indicates reversal.
Yen is strong when USD is weak. USD has been unstable lately.
Higher high, lower low.
1st target: 88.050
2nd target: 89.330
3rd target: 90.750
SL below 0.5 fib.
Key indicators:
Hit 61.8 Fib which is also a key level of support. 61.8 indicates reversal.
Yen is strong when USD is weak. USD has been unstable lately.
Higher high, lower low.
1st target: 88.050
2nd target: 89.330
3rd target: 90.750
SL below 0.5 fib.
