• Welcome to forex.pm forex forum binary options trade. Please login or sign up.
 

AUDJPY Rebounds Off Cloud’s Floor, Downside Risks Linger

Started by PocketOption, May 14, 2022, 12:47 pm

Previous topic - Next topic

0 Members and 1 Guest are viewing this topic.

PocketOption

AUDJPY Rebounds Off Cloud's Floor, Downside Risks Linger

AUDJPY has corrected to the 88.00 handle, which is the 50.0% Fibonacci retracement of the 12-week rally from 80.35 until the 95.73 peak. Despite the price failing to snowball below the support barrier formed by the 50.0% Fibo at 88.00 and the 87.20 January 2018 inside swing low, the bearish tone has yet to be […]


The post AUDJPY Rebounds Off Cloud’s Floor, Downside Risks Linger appeared first on Action Forex.


Source: AUDJPY Rebounds Off Cloud's Floor, Downside Risks Linger