The AUDJPY gets ready to decline – Analysis – 09-12-2019
Economies.com
2019-12-09 07:52AM UTC
The CHFJPY pair confirmed its affection by the bearish bias domination, due to providing repeated negative closes by its stability below the bearish channel’s resistance at 75.10, to press on the moving average 55 at 74.20.
Stochastic reach below 50 level confirms begin providing strong negative pressures on the price trading, which allows it to gather a new negative momentum, to begin targeting several negative levels by reaching 73.40 and 72.50.
The expected trading range for today is between 74.85 and 73.40
The expected trend for today: Bearish
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