AUDJPY MOVING LOWER
AUDJPY was a currency pair highlighted by the strength and weakness table we showed in the
market outlook. The Australian Dollar continued to weaken last week and the Japanese Yen continued
to gain strength.
Technically price re-tested the previous swing lows and key moving averages and has pushed lower.
If the price continues to form lower lows we can look for further shorting opportunities with targets of
the previous weekly swing lows.
market outlook. The Australian Dollar continued to weaken last week and the Japanese Yen continued
to gain strength.
Technically price re-tested the previous swing lows and key moving averages and has pushed lower.
If the price continues to form lower lows we can look for further shorting opportunities with targets of
the previous weekly swing lows.
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