AUDJPY retests the 200 hour MA and bounces.
The AUDJPY saw the price move higher yesterday after an initial move lower after the RBA decision, but then rebounded higher
FOREX ADVICE CLUB have higly experienced expert team im forex,comex,us stocks,klse do register for free trials.
The move back to the upside was able to get above its 200 hour moving average (green line currently at 81.379) and also above a downward sloping trendline near 81.72. The price also moved above its 38.2% retracement at 81.859 (move down from the January high).
No comments:
Post a Comment