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AUD JPYdaily


The AUD/JPY currency pair might rise in the medium and long term, according to the weekly chart. However, this pair indicates a short-term overbought level on the daily chart. The stochastic lines are above 80 on the daily chart, and it means the market is overbought.
There might be a retracement, according to the weekly chart. The price may rise at 75.47, where is Fibo 50 on the weekly chart, to form a triangle.

April 16
Australia employment change (-30k expectation); (+26k previous)
rate (5.4% expectation); ( 5.1% previous)

AUD JPY weekly


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