Home AUD/JPY Technical Analysis: Acceptance above 78.15 could embolden bulls
FXStreet News

AUD/JPY Technical Analysis: Acceptance above 78.15 could embolden bulls

AUD/JPY is currently trading at 77.95, having hit a low of 77.44 last week.  The ongoing corrective rally could gather pace if the cross establishes higher high with a convincing move above 78.15 (resistance of Feb. 11 high). That would validate the bullish divergence of the hourly chart RSI, confirmed on Feb. 7 and allow a test of the 200-hour moving average (MA), currently at 78.67.

Hourly chart

Trend: bullish above 78.15

AUD/JPY

Overview:
       Today Last Price:  78.06
       Today Daily change:  0.08  pips
       Today Daily change %:  0.10%
       Today Daily Open:  77.98
Trends:
       Daily SMA20:  78.5
       Daily SMA50:  78.91
       Daily SMA100:  80.07
       Daily SMA200:  81.01
Levels:
       Previous Daily High:  78.16
       Previous Daily Low:  77.74
       Previous Weekly High:  79.85
       Previous Weekly Low:  77.44
       Previous Monthly High:  79.4
       Previous Monthly Low:  70.71
       Daily Fibonacci 38.2%:  78
       Daily Fibonacci 61.8%:  77.9
       Daily Pivot Point S1:  77.76
       Daily Pivot Point S2:  77.54
       Daily Pivot Point S3:  77.34
       Daily Pivot Point R1:  78.18
       Daily Pivot Point R2:  78.38
       Daily Pivot Point R3:  78.6

 

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.