USD/JPY and AUD/USD Forecast September 10, 2020

by birtanpublished on October 1, 2020

from
daily 4x this is chris taking a look at
the
dollar yen and the aussie dollar pairs
you can see the dollar
yen has broken down a bit during the
uh trading session only to turn around
and rally but we still have a lot of
resistance above
the 50-day ema got a couple shooting
stars over there offering issues
as well i think at this point we're
probably looking at a fade the rallies
type of environment
lots of structural resistance at 107 and
107 and a half
aussie dollar has rallied quite nicely i
think we're trying to continue
the overall uptrend but at this point
uh this is a market that i think is
trying to find
uh reasons to go higher uh falling us
dollars certainly would do it i think
there's the 71
70 level both offering significant
support below for that matter even 72
looks to be
75 and 80 will be your longer term
targets

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