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AUD/JPY Moves with a Flow

By:

Nenad Kerkez

Published: Jun 23, 2021, 07:58 GMT+00:00

The AUD/JPY market flow is showing signs of a potential bounce. The market is retracing.

If the market makes a retracement towards the POC zone within 94.00, we might see a move down. Potential move could be targeting 83.30, 83.02. The break of 83.00 level should be targeting 82.62. Only if the price gets above 84.00, bears will be in danger. Selling the rallies is the option now.

For a look at all of today’s economic events, check out our economic calendar.

Cheers and safe trading,

Nenad

About the Author

Nenad Kerkezcontributor

M.Ec. Nenad Kerkez aka Tarantula is Elite CurrenSeas Head trader and a valued contributor to many premium Forex and trading websites.

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