AUDJPY is residing at the red Tenkan-sen line at 94.95 after retreating from the 95.73 mark, which is a level two months short of being a seven-year high, and in the vicinity of the 138.2% Fibonacci extension of the down leg from 94.30 until 90.74. The climbing simple moving averages (SMAs) are defending the broader […]
The post AUDJPY Upside Intact Despite Pullback off 138.2% Fibo Extension appeared first on Action Forex.