AUDJPY Forex Analysis – Retest & Failure At 92.00 Level?

Join Senior Market Strategist & Trading Mentor Duncan Cooper as he watches price levels on the AUDJPY daily and 4 hour charts.

Join Senior Market Strategist & Trading Mentor Duncan Cooper as he watches price levels on the AUDJPY daily and 4 hour charts.

Price rallied and retested the 92.00 level yesterday.

91.91 – 92.01 the daily resistance level, the Figure, and 79% fib retracement level.

Watching for a downtrend continuation pattern to form at this intraday resistance area for a further decline targeting 90.94 the 127 fib extension level.

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Vorschrift: ASIC (Australia), VFSC (Vanuatu)
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Hawkish Bullock Talk Boosts AUD, DXY Edges Up

Hawkish Bullock Talk Boosts AUD, DXY Edges Up

The Australian Dollar ratcheted higher to 0.6593 from 0.6522 after RBA Governor Michelle Bullock said the central will not hesitate to raise rates again to combat inflation. Her remarks came after the Australian central bank held the cash rate steady at 4.35%.
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