AUD/JPY is trading to the downside for the third day in a row, however this Monday bears only managed to trade a handful of pips below last Friday’s low, suggesting that the bearish momentum is somewhat slowing down for the time being. AUD/JPY found intraday support above the 82.00 figure which was a key level in the past weeks of trading. Bulls objective is to breakout above the bear trendline from July 19 in order to target 82.67-83.00 area. On the other hands, bears want a breakout below 82.00 in order to target 81.63 May 30 open. AUD/JPY 15-minute chart Spot rate: 0.8228 Relative change: -0.47% High: 0.8276 Low: 0.8214 Trend: Bearish / Sideways correction Resistance 1: 82.67-83.00 area, July 23 open, figure Resistance 2: 83.48 July 19 open Resistance 3: 84.00 figure Support 1: 82.00 figure Support 2: 81.63 May 30 open Support 3: 81.00 figure 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. View All Post By FX Street FXStreet News share Read Next GBP/USD stabilizing on the 1.31 handle as traders now assess Brexit risks vs BoE meeting 2nd Aug FX Street 5 years AUD/JPY is trading to the downside for the third day in a row, however this Monday bears only managed to trade a handful of pips below last Friday's low, suggesting that the bearish momentum is somewhat slowing down for the time being. AUD/JPY found intraday support above the 82.00 figure which was a key level in the past weeks of trading. Bulls objective is to breakout above the bear trendline from July 19 in order to target 82.67-83.00 area. On the other hands, bears want a breakout below 82.00 in order to target 81.63 May 30 open. AUD/JPY… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
