AUD/JPY testing hourly support
AUD/JPY is currently testing hourly support at 75.40. The next level below here is a daily low at 74.60.
AUD/JPY is currently testing hourly support at 75.40. The next level below here is a daily low at 74.60.
One Response to “AUD/JPY testing hourly support”
AUDUSD looks set for an interesting price action in the next 24 hours. A confluence of SMA’s are supporting it now. 100-d SMA at 0.8835 (price bounced from it twice in the last 2 days); 50-d SMA at 0.8838, Boll Band at 0.8827. 5-day EMA is resistance, now at 0.8919. BB bending south implies that the support is getting weaker by the hour.