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AUD/JPY Technical – Recent two weeks of rebound at risk of bearish reversal

AUD/JPY Technical – Recent two weeks of rebound at risk of bearish reversal
+297 pips of rebound seen in AUD/JPY from 3 October 2023 low of 93.06 has reached a key short-term resistance zone of 95.70/96.00. The up move from 10 October to 12 October 2023 has been accompanied by a weakening of upside momentum as indicated by the hourly RSI. Watch the near-term support at 95.30 (20-day […]... Read More
Posted: Oct 12 2023, 10:36
Author Name: marketpulse
Views: 112819

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