Chart of The Day $AUDJPY 1-23-2017

On the AUDJPY daily chart, we can see that the pair has been rejected by the Median line of a short-term uptrend Pitchfork channel and is now reaching support zone 85-85.500. If we see a bounce from the following zone we could have an uptrend continuation. The daily break below 84.900 would open downside into 81.700 level.

Happy trading! (click on the chart to enlarge it)


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