JoeChampion

AUDJPY feels a need of correction before further downsides

FX:AUDJPY   호주 달러 / 일본 엔
Hey Traders, in the coming week we are monitoring AUDJPY for a selling opportunity around 88.300 zone, AUDJPY is trading in a bearish channel and now seems to reject the channel support and feels a need of correction before hitting the channel resistance around 88 resistance zone. Fundamentally we still see that JPY and CHF are attracted by investors as they are considered both a safe haven currencies in time of uncertainty in the market and not forgetting the banking sector crisis.
Trade safe, Joe.

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