In this video update, we take a look at AUDJPY as the weekly timeframe suggests we could see a move lower back to key support. When the market continues to close within a previous week's range we typically see a move in the opposite direction. Also, the RSI indicator highlights a potential resistance area where price could move lower from.
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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.