. AUDJPY Technical Analysis - Capital Street fx

AUDJPY Technical Analysis

22 Jul 2022

AUDJPY Technical Analysis: Weekly Chart

AUDJPY Technical Analysis

In the weekly charts, AUDJPY is trading in an up channel. AUDJPY is currently trading above all SMA.

RSI is in buying zone which indicates bullishness. MACD is currently above zero which indicates bullishness.

Its immediate support is 93.8356 & the resistance level is at 95.7400.

AUDJPY will trade in an up channel until there is trend reversal.

AUDJPY Technical Analysis: Daily Chart

AUDJPY Technical Analysis

In the daily charts, AUDJPY is trading in an up channel. AUDJPY is currently trading above all SMA.

RSI is in over bought zone which indicates mild bearishness. MACD is currently above zero which indicates bullishness.

Its immediate support is 94.8469 & the resistance level is at 95.5568.

AUDJPY will trade in an up channel until there is trend reversal.  

How to Trade AUDJPY this Week:

AUDJPY will follow the uptrend until their trend reversal. So, remain bullish on AUDJPY.

TRADE SUGGESTION- BUY AT 95.1880, TAKE PROFIT AT 95.5568 AND STOP LOSS AT 94.8469