Though a little retracement is feasible, the japanesse yen index is showing a tremendous fall after a breakout from the dynamic support trendline. In contrary, the recent increase in the Australia employment change data publish on thursday is expected to keep the hawkish market to the next support region(90.40).
however, I am expecting the market to retrace to the last swing support(87.00), at this region I will be looking for a long opportunity
AUDJPY
however, I am expecting the market to retrace to the last swing support(87.00), at this region I will be looking for a long opportunity
AUDJPY