0
0
April 23, 2021 at 04:05PM
• AUDJPY reversed from support level 83.00
• Likely to rise to resistance level 84.50
AUDJPY recently reversed up from the pivotal support level 83.00 (which previously reversed the pair 3 times in the middle of April).
The support zone near the support level 83.00 was strengthened by the lower daily Bollinger Band.
Given the prevailing uptrend – AUDJPY is likely to rise further toward the next resistance level 84.50 (which stopped the previous impulse waves 1 and (i)).
From: The FxPro News Team https://fxpro.news/technical-analysis/audjpy-wave-analysis-23-april-2021-20210423/
Selected by fonecable.com
Search Web: AUDJPY Wave Analysis 23 April, 2021
Recent Posts
- Crude Oil Over Crypto
- US Dollar Price Action Setups pre-CPI: EUR/USD, GBP/USD, USD/JPY
- Cathie Wood & Ark: Insiders Aren’t Buying the Hype
- Breaking News: ECB Holds Rates, Setting up July and September for Fireworks
- Currency Carry Trade: What is it and how does it work?
Happy
0 %
Sad
0 %
Excited
0 %
Sleepy
0 %
Angry
0 %
Surprise
0 %
