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AUDJPY analysis 29.07.2020

AUDJPY

The overall trend is upward. The currency pair is trading in the range of 365 and 135 moving averages. The support level of 74.86 is holding back sellers. A breakout of 74.41 will result in the formation of an ascending wave M15 level pattern within the wave C an ascending H1 level pattern.

AUDJPY rate online: monitor the price movement in real time.

Trading recommendations:

Buy above 75.41.

Stop Loss: 74.86.

Target levels: 75.57; 75.83 (138.2% Fi); 76.70.

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