AUDJPY Weekly Analysis
The downtrend's more visible on the weekly tf (LHs & LLs)
50 SMA also dynamic resistance
The correction went past 50% fibonacci retracement (almost to the 78%) which makes it valid
The price found supply at the 80.00 psychological level
50 SMA also dynamic resistance
The correction went past 50% fibonacci retracement (almost to the 78%) which makes it valid
The price found supply at the 80.00 psychological level
Note
Full AUDJPY analysis:
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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.