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AUD/JPY Daily Analysis


pepy

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Morning star on H1 chart of AUDJPY spotted and indicated a major reversal signal since it appears at bottom. The price successfully break EMA100 and upper band and closed above. RSI and Stochastic here both rise towards level 59 and level 70 respectively with support from Parabolic SAR which is moving below the current price. Based on that all this pair is strengthening towards the resistance at 84.55

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  • 2 weeks later...
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Technically AUJPY on H1 chart with the current movement means the price is under bullish pressure and also after break 1st resistance at 88.29 it continue its power. There are seems 2 options here, if price able to keep it and reach 86.39 it may rise further but if not will fall towards 85.98 and 85.68 but i prefer the first one considering that RSI, Stochastic, Parabolic SAR and EMA100 are bullish.

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It seems that the price fall down and closed below the support at 85.51 and at the same time Parabolic SAR is still moving above the current candle accompanied by RSI and Stochastic which both are bearish, only MACD which formed lower high indicated a bullish signal. There is big potential that AUDJPY may fall deeper further to at 84.92 which is next support.



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  • 3 weeks later...

Based on 1 hour chart, it seems that the current price is bouncing up and tried to rise above the first support level at 84.90 again. This testing will likely to be successful, considering most indicators are bullish, and my prediction for this pair is If the price managed to close above first support then this pair will rise back towards the pivot line at 85.27 or higher.

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  • 2 weeks later...

H4 chart saw the price of AUDJPY is under bullish sentiment while the price failed to break pivot line instead rise up higher. RSI and Stochastic in this chart show bearish signal, also with the price keep moving above EMA100 and Parabolic SAR gives bigger indication to fall. I predict it will rise towards the resistance at 86.36

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