AUD/JPY remains sidelined after reversing from the key SMA earlier in the week, retreats of late.
Clear downside break of bullish triangle, looming bear cross on the MACD.
Bulls need validation from 93.10 for conviction, sellers may eye two-month-old support past 200-SMA break.
AUD/JPY bulls run out of steam around 96.00, even as the weekly performance appears mildly bid during early Friday. In doing so, the cross-currency pair signals the bear’s return, following a failure to defend the bounce off the 200-SMA, as well as amid downbeat oscillators and a clear break of the six-week-old bullish triangle.
That said, the quote drops towards the 200-bar Simple Moving Average (SMA) support near 91.60. However, the double bottoms marked during early February near 90.20-25 by the press time, could challenge the pair sellers.
Adding to the downside filter is the ascending support line from early January, close to 89.95 by the press time.
It should be observed that a successful break of the multi-day-old support line won’t hesitate to challenge the year 2023 low surrounding 87.40.
On the flip side, the lower line of the aforementioned bullish triangle, close to 92.65 at the latest, will precede the stated chart formation’s top line, around 93.10, to challenge the AUD/JPY buyers.
免責事項：本記事で述べられている見解は著者の見解のみであり、Followmeの公式見解を反映するものではありません。Followmeは、提供された情報の正確性、完全性、信頼性について一切責任を負いません。また、書面で明示的に記載されている場合を除き、本記事の内容に基づいて行われたいかなる行動についても責任を負いません。
古いコメントはありません。ソファをつかむ最初のものになりましょう。