Nice Opportunity to Buy AUDJPY
Fundamental Analysis:
The AUD is in a neutra bias, because the RBA are expected to remain on hold for the foreseeable future with futures markets currently pricing only a 5% chance of a cut at April's meeting. For the JPY is en bearish bias due to the BoJ has not improve its inflation, so BoJ will live the ease monetary police with its negative rates.
Sentiment Analysis:
In the long term the sentiment for the AUD is bullish, and for the JPY is bearish.
Technical Analysis:
We can see a bull bat harmonic pattern in a perfect range.
The AUD is in a neutra bias, because the RBA are expected to remain on hold for the foreseeable future with futures markets currently pricing only a 5% chance of a cut at April's meeting. For the JPY is en bearish bias due to the BoJ has not improve its inflation, so BoJ will live the ease monetary police with its negative rates.
Sentiment Analysis:
In the long term the sentiment for the AUD is bullish, and for the JPY is bearish.
Technical Analysis:
We can see a bull bat harmonic pattern in a perfect range.