AJ Daily Technical Analysis Oct, 9th, 2017

Positive Candidate -short term,

Analysis Explanation

AUDJPY broke the floor of the rising wedge and the support @ 87.00.
A further move to previous floor of the trend channel it very predictive @ 85.900
On reactions back we could see a medium long term trend to the ceiling of the trend
The currency has support at points 85.90. and resistance @ 87.800
The currency is assessed as technically negative for the short term.


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