Currently holding a sell position on AUDJPY. The pair has decreased by 1.46% in the past 24 hours, trading at approximately 95.359 JPY. TRADINGVIEW.COM
The broader trend remains bearish, with technical indicators supporting the downward momentum. The 20-day and 50-day moving averages have formed a bearish crossover above the price action, reinforcing expectations of continued downside.
While the market shows promise, it's essential to stay vigilant and manage risk appropriately. The current price level is near the 95.00 support, and a break below this could open the path to lower targets.
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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.