AUDJPY SHORT
OANDA: AUDJPY
The Japanese Yen drops to a fresh multi-month low on Wednesday and remains vulnerable.
The BoJ rate-hike uncertainty overshadows a stronger Japanese PPI and undermines the JPY.
Elevated US bond yields weigh on the JPY further amid a bullish USD ahead of US CPI.
Trend Direction: It's a downtrend.
Key Levels: Major support level at 99.545 and
Major resistance zones at 102.307
Indicator: EMA - bearish momentum.
Trade Setup: Outline
*Entry: 101.087
*Stop-Loss: 101.255
*Take-Profit: 99.980
The Japanese Yen drops to a fresh multi-month low on Wednesday and remains vulnerable.
The BoJ rate-hike uncertainty overshadows a stronger Japanese PPI and undermines the JPY.
Elevated US bond yields weigh on the JPY further amid a bullish USD ahead of US CPI.
Trend Direction: It's a downtrend.
Key Levels: Major support level at 99.545 and
Major resistance zones at 102.307
Indicator: EMA - bearish momentum.
Trade Setup: Outline
*Entry: 101.087
*Stop-Loss: 101.255
*Take-Profit: 99.980
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.