FxPro - Analytics

FxPro

753.75 6.25/10
88% of positive reviews
Real

AUDJPY Wave Analysis – 20 August, 2020

AUDJPY Wave Analysis – 20 August, 2020
• AUDJPY reversed from resistance level 76.45

• Likely to fall to 75.00

AUDJPY recently reversed down from the key resistance level 76.45 (which has been reversed the price from the end of December) – coinciding with the upper daily Bollinger Band.

The downward reversal from the resistance level 76.45 continues the active short-term impulse wave (i) from the middle of July.

AUDJPY is likely to fall further toward the next support level 75.00 (former resistance level from the start of July).

AUDJPY Wave Analysis – 20 August, 2020


To leave a comment you must or Join us


By visiting our website and services, you agree to the conditions of use of cookies. Learn more
I agree