Technical analysis for trading/investing
Technical analysis for trading/investing
AUD/JPY | Currencies | Trend notes for 2021
The price broke above key dynamic and horizontal resistance and is now within its 3rd bullish wave in the monthly, weekly and the daily chart. The first target of the 3rd daily bullish wave is at 1.272 FIB extension around 79.20, second is at 1.618 FIB extension around 82.50, and thirst is around 88.50.
Monthly chart:
Weekly chart:
The price is approaching key resistance between 117.70 – 118.60, rejection of the resistance will…
The price is stuck in a pattern on the monthly chart, we need to see…
The pair rejected strong support around 75.00 and started a bullish run. At the moment…
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