Aussie Bulls.

Audjpy Daily Chart

Price made a higher low at this month's MM2 which coincides with the 61.8 fib retracement. For a monthly swing, a conservative bull target is seen at 91.1

Audjpy H4 Chart

Price has been on a bearish trend since late September. We saw it triple bottom at last week's WM2 and going up to break the trend line. A retest at WPP/88.000 is imminent.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.