Tricky Friday presents us with AUD/JPY

TGIF Traders,

Let’s hit the charts and see what Friday has for us.

 

 

1. AUD/JPY

On the AUD/JPY, the resistance level (75.286) of a long-standing descending channel is being probed by price

If the daily candlestick close confirms the breakout, resistance level 76.048 may get hit before the close of the market.

On the other hand, if a reversal is spotted, we may most likely see price revisit support level 74.914.

What say you?

Thank you for sharing our analysis with your pip-loving friends this week, thank you for also spending time going through our articles.

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