1. Hello Guest Do you know binary.com offers exclusive $20 No Deposit Bonus for FX Binary Point visitors? Click here to sign up

AUDJPY Trades Near Important Horizontal Resistance

Discussion in 'Technical Analysis' started by Kaitlin, Dec 1, 2015.

  1. Kaitlin

    Kaitlin Forum Member

    Joined:
    Aug 29, 2015
    Messages:
    5,827
    Likes Received:
    0
    Following its reversal from 86.30, comprising 23.6% Fibonacci Retracement of its June – August downside, the AUDJPY managed to follow short-term rising trend-channel, which fueled the pair towards highest levels in more than three months on Monday. However, the pair couldn't surpass the 89.40-60 horizontal resistance area, including the lows[​IMG]

    Continue reading...
     

Share This Page