1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Currency Crosses: AUDJPY Breaking Down - Is a Test of 85 Possible?

Discussion in 'Technical Analysis' started by ActionForex.com, Jan 23, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    We wrote last week that "the AUDJPY has indeed plummeted recently before rallying significantly off of support from the 11/26 low. At this point, remain bearish as long as price is below 98.35." The pair broke through the 11/26 low and there is no reason to fade this move yet....

    complete article here...

Share This Page