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AUD/JPY Technical Analysis: lacks direction after china data, focus on today’s close

The AUD/JPY pair is trading largely unchanged on the day at 78.60, having recovered from the session low of 78.28 a few minutes before press time, possibly on the back of an above-forecast China industrial production number.  

The daily chart, however, shows the pair lacks a clear direction, having created a doji candle on Friday.  

Daily chart

  • A close today above 79.11 (high of Friday’s doji) would confirm bull doji continuation or continuation of the rally from recent lows below 72.00 and open up upside toward 80.00.  
  • A close below 78.38 (Friday’s low), however, would imply bearish doji reversal.  

Trend:  Neutral

AUD/JPY

Overview:
       Today Last Price:  78.62
       Today Daily change:  -0.05  pips
       Today Daily change %:  -0.06%
       Today Daily Open:  78.67
Trends:
       Daily SMA20:  77.69
       Daily SMA50:  80.13
       Daily SMA100:  80.38
       Daily SMA200:  81.34
Levels:
       Previous Daily High:  79.11
       Previous Daily Low:  78.38
       Previous Weekly High:  79.11
       Previous Weekly Low:  77.56
       Previous Monthly High:  84.05
       Previous Monthly Low:  77.15
       Daily Fibonacci 38.2%:  78.83
       Daily Fibonacci 61.8%:  78.66
       Daily Pivot Point S1:  78.33
       Daily Pivot Point S2:  77.99
       Daily Pivot Point S3:  77.6
       Daily Pivot Point R1:  79.06
       Daily Pivot Point R2:  79.45
       Daily Pivot Point R3:  79.78

 

 

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