Home AUD/JPY Technical Analysis: The case for  50% mean reversion back to the daily support line circa 77.50
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AUD/JPY Technical Analysis: The case for  50% mean reversion back to the daily support line circa 77.50

  • Following the risk-off start to the week,  Breaking: Trump’s threat to lift tariffs on Chinese imports sends risk assets into reverse, Yen is 0.34% higher vs dollar, the FX space’s risk barometer is making the case for an upside opportunity.
  • Stochastics divergence is making the case for a possible  50% mean reversion back to the daily support line circa 77.50.

1HR Chart AUD/JPY stochastics divergence

Daily AUD/JPY  cementing the case for mean reversion on stochastics oversold readings

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