AUD/JPY, Has it Topped Again?
The Australian Dollar might have topped against the Yen.
AUD/JPY turned lower in early September after negative RSI divergence showed that upside momentum was fading.
Prices left behind a key zone of resistance between 81.657 and 82.028.
This also followed a break under an Ascending Channel.
A bearish 'Death Cross' may emerge on the 4-hour chart between the 20- and 50-period Simple Moving Averages (SMAs).
Key support zone to clear could be the 79.820 - 80.140 inflection range, where beyond that exposes August lows (77.880 - 78.129).
Pushing above 82.028, with confirmation, may overturn these downside technical warnings.
AUDJPY
AUD/JPY turned lower in early September after negative RSI divergence showed that upside momentum was fading.
Prices left behind a key zone of resistance between 81.657 and 82.028.
This also followed a break under an Ascending Channel.
A bearish 'Death Cross' may emerge on the 4-hour chart between the 20- and 50-period Simple Moving Averages (SMAs).
Key support zone to clear could be the 79.820 - 80.140 inflection range, where beyond that exposes August lows (77.880 - 78.129).
Pushing above 82.028, with confirmation, may overturn these downside technical warnings.
AUDJPY
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.