The AUDJPY resumes the bullish correction – Analysis – 15-4-2019
Economies.com
2019-04-15 07:07AM UTC
The AUDJPY pair hinted the tend to resume the bullish correction by providing new positive stability above the moving average 55 that forms additional support at 79.40, to notice touching 80.50 level.
Also, stochastic reach to the overbought areas will increase the chances of gathering the positive momentum, to increase the chances of forming new bullish waves and expect targeting 81.10 followed by reaching the bearish channel’s resistance at 81.60.
The expected trading range for today is between 79.85 and 81.10
The expected trend for today: Bullish
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