Aud/Jpy is moving down towards the lower border of the weekly trendline right now
The MACD and the RSI are both bearish
and the price has just broken below the 38.2% fibonacci retracement level again
We see all this playing out on the weekly chart
Aud/Jpy weekly chart
On the daily chart we can see that the 100% fibonacci expansion area of the last move down
and the lower border of the trendline form a support area together at a certain point;
I believe this support area will hold the price,
then…
Read full story
Translate to Inglese Show original

Since you are not logged in, we don't know your spoken language, but assume it is Inglese
Please, sign in or choose another language to translate from the list.

– o –