AUDJPY - Daily - Good level to watch.

FX_IDC:AUDJPY   Australian Dollar / Japanese Yen
This is not a good time for the Japanese Yen             . It keeps getting weaker almost against all major pairs.

Even though I did a review of the AUDUSD             today, looking for some weakness in it, I still believe that Yen will be even weaker.
We are balancing around the July's highs and I don't think that resistance will be strong enough. It would be ideal for it to break through and test the 2015 December highs of around 90.72 or even higher. 90.72 would be my first target.

Maybe it will break the level soon, or maybe it will wait for Thursday's BOJ interest rate decision. Who knows. But my recommendation is to keep watching this pair this week.

Personally me, I am a BUYer at the moment, but depending on the activity, I might change my outlook if the candles will start telling me something else.

As always, keep an eye on the price action!
EN English (UK)
EN English
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out