The AUDJPY exits the bearish track – Analysis – 13-12-2019

Economies.com
2019-12-13 08:51AM UTC

The AUDJPY pair succeeded to exit the bearish track by forming bullish wave, surpassing the bearish channel’s resistance at 75.20, expecting this level to form solid support against the positive fluctuations to target new positive levels that might extend towards 76.75 followed by reaching 61.8% Fibonacci correction level at 77.63.

 

The expected trading range for today is between 75.40 and 76.75

 

The expected trend for today: Bullish

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