AUD/JPY broke key support level 82.00

AUD/JPY broke key support level 82.00

  • AUD/JPY broke key support level 82.00
  • Next sell target - 80.00

AUD/JPY recently broke through the key support level 82.00 (which stopped the previous minor impulse wave 1 earlier this month). The breakout of the support level 82.00 accelerated the active minor impulse wave 3 which belongs to the intermediate impulse wave (2) from the start of January. AUD/JPY is likely to fall further toward the next sell target at the next support level 80.00 (forecast price for completion of wave 3).


AUD/USD on its way to reach new highs

AUD/USD has been trading in a rebound made from the 200 SMA at H1 chart, which is helping to strengthen the bullish bias across the board and put the pair in the scenario to reach the Fibonacci zone of -23…


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