FORECAST BY MARIUS GHISEA – AUD/JPY (September 28-October 2)

According to the daily chart, the AUD/JPY currency pair will fall in the medium long term, at around 82.50 level. The price is below EMA 15 on the daily chart and this is a confirmation that AUD/JPY will continue to fall. The MACD indicates also a downtrend for this currency pair. 

AUDJPYDaily-page-001

The price on 4 hour chart is below EMA 200. This indicates that the AUD/JPY currency pair is still in a downtrend in the near term.

AUDJPY4h-page-001

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