AUD/JPY has been ranging since late March of this 2018 year. The range was broken by the bears just to be put into another range. 81.797 is holding up as a solid resistance with a tone of bears entering the market. Bearish Divergence coming into play here on the daily time frame while hitting R1, looking for this upcoming week pivot point to be used as resistance. Next Key Level will be a daily key level at 76.744 in which I will look to be obtained in the upcoming future.
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.
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.