stamoyo

AUD/JPY Plausible price action

Largo
FX:AUDJPY   Dólar australiano/Yen japonés
On daily chart, the pair is into a strong divergence with the RSI and the MACD is about to raise from the bottom place it is now. Not so exhausted, the movement will be slowed down a little bit by the fear and resistance line. Even so, after testing a support or two the price will confidently head for the first strong resistance. On 4h chart, the RSI is already bullish and and MACD shows its power. The volume is a little bit lower than before but that is very typical for a forthcoming bullish trend. The volume gets heavy quite before the trend and decreases afterwards.
*Disclaimer: this is for educational purposes only*
Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.