AUD/JPY buyers can enter around mid-June top, 75.00 round-figure considering oversold RSI conditions. 4H 200MA, short-term falling trend-line seem nearby key resistances. Having dropped to the lowest levels in a month, the AUD/JPY pair recovers to 75.10 during the early Asian session on Monday. Oversold conditions of 14-bar relative strength index (RSI) played their role in triggering the quote’s bounce from 75.00 – 74.98 region, comprising mid-June high and the round-figure. However, 200-bar moving average on the 4-hour chart (4H 200MA), at 75.33, followed by a 4-day long descending trend-line near 75.41 can still challenge the pair’s pullback, if not then last-week high surrounding 75.60 can come back on the chart. Meanwhile, pair’s dip beneath 74.98 can fetch it to 61.8% Fibonacci retracement of June month upside, at 74.82, whereas 74.30 and early-June low close to 74.13 can please sellers then after. AUD/JPY 4-hour chart Trend: Pullback expected 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 AUD/USD: Contained on 0.69 handle in bear’s market ahead of key event risks this week FX Street 4 years AUD/JPY buyers can enter around mid-June top, 75.00 round-figure considering oversold RSI conditions. 4H 200MA, short-term falling trend-line seem nearby key resistances. Having dropped to the lowest levels in a month, the AUD/JPY pair recovers to 75.10 during the early Asian session on Monday. Oversold conditions of 14-bar relative strength index (RSI) played their role in triggering the quote's bounce from 75.00 - 74.98 region, comprising mid-June high and the round-figure. However, 200-bar moving average on the 4-hour chart (4H 200MA), at 75.33, followed by a 4-day long descending trend-line near 75.41 can still challenge the pair's pullback, if not… 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.
