The AUD/JPY pair created gravestone doji-like pattern, which indicates the corrective rally from the low of 80.63 has likely run out of steam at the falling (bearish) 50-hour moving average (MA). The broader outlook remains bearish as indicated by the bear flag breakdown in the daily chart. Hourly chart Daily chart Spot Rate: 81.40 Daily High: 81.59 Daily Low: 80.99 Trend: Bearish Resistance R1: 81.57 (50-hour MA) R2: 81.94 (5-day MA) S3: 82.16 (100-hour MA) Support S1: 80.99 (session low) S2: 80.63 (previous day’s low) S3: 80.50 (March 23 low) 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 EUR/USD could find bids on increased odds of treasury yield curve inversion FX Street 4 years The AUD/JPY pair created gravestone doji-like pattern, which indicates the corrective rally from the low of 80.63 has likely run out of steam at the falling (bearish) 50-hour moving average (MA). The broader outlook remains bearish as indicated by the bear flag breakdown in the daily chart. Hourly chart Daily chart Spot Rate: 81.40 Daily High: 81.59 Daily Low: 80.99 Trend: Bearish Resistance R1: 81.57 (50-hour MA) R2: 81.94 (5-day MA) S3: 82.16 (100-hour MA) Support S1: 80.99 (session low) S2: 80.63 (previous day's low) S3: 80.50 (March 23 low) Top 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.
