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
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.