The AUDJPY awaits the positive momentum – Analysis – 12-4-2021
Economies.com
2021-04-12 05:09AM UTC
No change to the AUDJPY pair’s bullish track, as it remains stable above 81.90 support line, while lacking the positive momentum interprets the reasons of the temporary sideways fluctuations, to notice its consolidation near 83.25.
In general, we will keep our bullish overview, reminding you that the price success to gain the positive momentum will allow the price to renew the pressure on 85.48 high, while surpassing it might extend trades towards 86.10 followed by reaching the main target at 87.15.
The expected trading range for today is between 82.60 and 84.25
The expected trend for today: Bullish
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