AUDJPY’s recent selloff, which started just below the 83.00 level has extended below the 81.00 handle. The bearish 50- and 100-period simple moving averages (SMAs) are endorsing the drop in the pair. Additionally, a negative crossover of the 200-period SMA by the 50-period one would be another bearish signal, which could confirm elevated selling in […]
The post AUDJPY Bearish Trajectory Strengthens With Dip Below 81 appeared first on Action Forex.
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