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).


Latest news

GBP/USD: pound entered into channel Tenkan-Kijun

Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the market is under strong resistance and prices entered into the channel Tenkan-Kijun.


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