The AUDJPY ended its bullish rebound by facing the main bearish channel’s resistance at 81.30, to end the temporary positivity to increase the chances for renewing the negative main attempts in the near and medium period.
Stochastic attempt to exit the overbought level will ease the mission of gathering the negative momentum, to expect begin recording the negative targets at 80.20 reaching to 79.35 level in the medium period.
The expected trading range for today is between 81.10 and 80.20
The expected trend for today: Bearish