AUD/JPY Price Analysis: Aims to recapture seven-year high near 97.00
A symmetrical triangle formation after a juggernaut rally hints continuation of an upside. Overlapping 50-EMA and asset’s price indicates short-term consolidation ahead. Aussie bulls will recapture a seven-year high at 96.88 on triangle breakout. The AUD/JPY pair has picked bids around 94.20 after a soft decline from 94.37 in the early Asian session. Broadly, the… Read More »
