AUD/JPY Tests Positive Slope in 50-Day SMA
AUD/JPY trades near the monthly low (96.27) after failing to hold within an ascending channel.
AUD/JPY Rate Outlook
AUD/JPY may attempt to retrace the decline from the monthly high (98.07) as it no longer carves a series of lower highs and lows, with a break/close above the 97.40 (61.8% Fibonacci extension) to 97.90 23.6% Fibonacci extension) region bringing the November high (98.61) on the radar.
Next area of interest comes in around the 2022 high (98.77), but AUD/JPY may no longer track the positive slope in the 50-Dya SMA (96.25) if it struggles to hold above the moving average.
Failure to hold above the monthly low (96.27) may lead to a test of the November low (95.61), with a break/close below the 95.30 (50% Fibonacci extension) to 96.10 (78.6% Fibonacci retracement) area opening up the 93.90 (61.8% Fibonacci retracement) to 94.40 (23.6% Fibonacci retracement) zone.
AUD/JPY Rate Outlook
AUD/JPY may attempt to retrace the decline from the monthly high (98.07) as it no longer carves a series of lower highs and lows, with a break/close above the 97.40 (61.8% Fibonacci extension) to 97.90 23.6% Fibonacci extension) region bringing the November high (98.61) on the radar.
Next area of interest comes in around the 2022 high (98.77), but AUD/JPY may no longer track the positive slope in the 50-Dya SMA (96.25) if it struggles to hold above the moving average.
Failure to hold above the monthly low (96.27) may lead to a test of the November low (95.61), with a break/close below the 95.30 (50% Fibonacci extension) to 96.10 (78.6% Fibonacci retracement) area opening up the 93.90 (61.8% Fibonacci retracement) to 94.40 (23.6% Fibonacci retracement) zone.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.