The AUDJPY gets new negative momentum – Analysis – 6-12-2021
Economies.com
2021-12-06 05:53AM UTC
The AUDJPY pair gathered new negative momentum to manage to resume the negative attack, noticing providing negative close now below 50% Fibonacci correction level at 80.10.
Also, the negative stability below the moving average 55 will increase the chances of gathering the additional negative momentum, to increase the chances of renewing the negative attempts until reaching the additional stations at 78.45 and 77.85.
The expected trading range for today is between 80.00 and 78.45
The expected trend for today: Bearish
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