AUDJPY Technical Outlook
AUD/JPY has tested levels unseen since August 2015. Technical indicators are biased higher, scope for continuation of the bullish run. Next major bull target lies at 76.4% Fib retracement at 94.68.
Price action has spiked past 200-month MA raising scope for further gains
The pair has broken above 61.8% Fib retracement at 88.02
Stochs and RSI are sharply higher, momentum is bullish
Price action has spiked past 200-month MA raising scope for further gains
The pair has broken above 61.8% Fib retracement at 88.02
Stochs and RSI are sharply higher, momentum is bullish
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