Forex Opinion & Analysis

AUD/JPY: Range Opportunity

 

AUD/JPY
-0.31%

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DX
-1.57%

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Type:

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Leverage:

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1:50
1:100
1:200
1:400
1:500
1:1000

Commission:


 

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Bearish: AUD/JPY is currently at 93.64 and in a range. We are looking for a continuation to the ATR target at 92.95 with a further target, the support at 92.67. We have convergence on the hourly.

The target up is 94.80 if it reverses. Watch the USDX for any change in direction. The ATR for the pair currently is 122 pips per day, and its 180-day average is 119 pips per day. USDX is currently up.AUD/JPY price chart.

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