Join Senior Market Strategist & Trading Mentor Duncan Cooper as he watches price levels on the AUDJPY daily and 15-minute charts.
Price has strongly reversed from 92.20 the 79% fib retracement level.
A break above the 94.00 level will confirm the reversal targeting the 95.73 weekly resistance level.
Watching for price to break above the 94.00 level, and then the 94.00 level to become support for a further advance.
AUDJPY daily chart on ACY MT4
AUDJPY 15-minute chart on ACY MT4
This content may have been written by a third party. ACY makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or other information supplied by any third-party. This content is information only, and does not constitute financial, investment or other advice on which you can rely.
