FX:AUDJPY   Australian Dollar / Japanese Yen
Please don't take this as a signal this is just my analysis. Currently sat in this years demand zone and bottom of RSI .
Fundamentals - Be aware of the Australian Interest Rate decision (Tuesday 07/05/2019) which may see a break of 77.600 to the low side if it is bad news, or will bolster the long opportunity if it is good.
Technical - Could potentially drop as low as 77.600 area due to banks stop hunting (please look it up if you don't know what I mean - you'll thank me later) and then bounce to 78.950 resistance OR 79.590 if this is broken.

I will be waiting for break of this zone for a buy. TP will be at 78.950 due to a strong mid-range resistance/support historical level. SL around 77.600 area.


Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out