AUD/JPY reversed from resistance area

AUD/JPY reversed from resistance area

2019-11-11 • Updated

  • AUD/JPY reversed from resistance area
  • Next sell target - 83.00

AUD/JPY today reversed down once again from the resistance area lying between the powerful resistance level 84.00 (which has been steadily reversing the price from the end of February, as can be seen below), upper daily Bollinger Band and the 38.2% Fibonacci correction of the downward impulse from January. AUD/JPY is expected to fall further toward the next sell target at the next support level 83.00 (which reversed earlier wave (ii)).


Aussie Selloff Ahead?
Aussie Selloff Ahead?

AUD/USD has been trying to break higher for an extended period but without any chance. From April until today, all rallies’ attempts have faded as shown on the daily chart.

Latest news

What to Trade in October
What to Trade in October

Welcome to October, the tenth month of 2023. For this installment of What to Trade, I have handpicked a few of my favorite trade ideas for the month. Let’s go over a few of them.

Gold is Rising Despite Inflation Returns
Gold is Rising Despite Inflation Returns

Gold prices are rising for three consecutive days ahead of the Federal Reserve (Fed) interest rate decision, which is expected to remain unchanged due to declining inflation and a positive economic outlook. Investors are keen on the Fed's interest rate guidance, fearing a hawkish stance that could trigger market risk aversion.

Deposit with your local payment systems

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera