AUDJPY has been hovering between the 77.7 and the 78.7 zone.
Must the same as most AUD pairs, we have been in a long term down trend, but price action has started showing reversal signs. Upon breaking through the consolidation zone and (if up) the 200 EMA, we have a nice healthy area for a long position.
No trade yet - watch for movement out of the consolidation zone
Must the same as most AUD pairs, we have been in a long term down trend, but price action has started showing reversal signs. Upon breaking through the consolidation zone and (if up) the 200 EMA, we have a nice healthy area for a long position.
No trade yet - watch for movement out of the consolidation zone