AUD/JPY Has Established A Strong Support

The AUD/JPY went to the 88.6 zone and established a strong support. Bounce should be happening.

79.90-80.60 is the zone where we should be seeing a bounce. Q L5 pivot also protects the bulls. A bullish bounce towards 81.70 is very possible. A close above it will make the price more bullish towards 82.90 and 84.90 as the final target. Look for buying into dips.

 

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. On average around 80% of retail investor accounts loose money when trading with high ...

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