AUDJPY Drops Below Three-Year Low

Discussion in 'Technical Analysis' started by Kaitlin, Jan 11, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    Following its break of four-month old ascending trend-channel support, the AUDJPY kept running down and is currently trading near the lowest levels since September 2012; however, oversold RSI and a 80.80 horizontal support may trigger the pair's pullback, failing to which 79.30 and 78.60 are likely intermediate levels that the[​IMG]

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