Forecast by Marius Ghisea- AUD/JPY (May 30-June 3)

The AUD/JPY currency pair may be in a long-term uptrend, according to the daily chart (see live forex chart here >>). The bottom for this pair was at 77.60. The stochastic oscillator confirms also the uptrend. A long-term target for this currency pair may be 85.02 (0.61 Fibo).

AUDJPYdaily-page-001

The stochastic oscillator on the 8 hour chart shows the uptrend. The first possible medium-term target is 81.14 (0.61 Fibo) and the second target may be 82,12 (0.50 Fibo).

AUDJPYh8-page-001

Rate this post:
(2 votes, average: 5.00 out of 5)
Loading...

  Recommended by ProfitF

Forex Broker | Binary Broker | ForexVPS | FX-Signals | BO-signals

FBS-profitF

Improve Your Trading Skills - Don't miss our new posts!

---