AUDJPY formed a nice bottom during August and made a higher low in October, setting the pair up nicely for a continuation rally next week, although any news about the trade war could end the current rally very quickly.
Breaking 74,5 price barrier would trigger a new wave of buyers and a much bigger rally to 76 or even 77,5.
Breaking 74,5 price barrier would trigger a new wave of buyers and a much bigger rally to 76 or even 77,5.
Note
The price is near September highs, if this barrier breaks, 76 will be tested this week.
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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.