The AUD/JPY pair presents a promising sell setup.
The Australian Dollar is anticipated to weaken against the US Dollar, similar to how other major currencies have weakened in recent weeks. Meanwhile, Japan is highly likely to intervene to prevent the Yen from depreciating further in the coming days.
The Australian Dollar is anticipated to weaken against the US Dollar, similar to how other major currencies have weakened in recent weeks. Meanwhile, Japan is highly likely to intervene to prevent the Yen from depreciating further in the coming days.
Trade closed: stop reached
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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.