Market Instrument: AUDJPY
Timeframe: Weekly
Analysis: Technical
Structure: Resistance and Retracement
Prediction: Bearish
AUDJPY has visited the weekly resistance formed close to the current market price and the recent daily closings and this level have a great potential of a sell-off while the historical price action is considered.
Timeframe: Weekly
Analysis: Technical
Structure: Resistance and Retracement
Prediction: Bearish
AUDJPY has visited the weekly resistance formed close to the current market price and the recent daily closings and this level have a great potential of a sell-off while the historical price action is considered.