AUDUSD has gained some 2.40% since September Labor force data.
The erosion of the 0.7300-0.7315 thresholds is highly encouraging all the more so as the daily volatility tends to increase markedly and as the daily indicators are mildly bullish. Besides, the pickup of the weekly indicators also underlines further upside potential.
A break of these last barriers would be needed to initiate a more pronounced recovery to 0.7390, 0.7450 and finally 0.7500.
AUDJPY: As long as 81.30 is support look for 83.00, 84.50/85.00 its 200MA (Weekly)
https://twitter.com/KeytoMarkets/status/1062878340778991617
The erosion of the 0.7300-0.7315 thresholds is highly encouraging all the more so as the daily volatility tends to increase markedly and as the daily indicators are mildly bullish. Besides, the pickup of the weekly indicators also underlines further upside potential.
A break of these last barriers would be needed to initiate a more pronounced recovery to 0.7390, 0.7450 and finally 0.7500.
AUDJPY: As long as 81.30 is support look for 83.00, 84.50/85.00 its 200MA (Weekly)
https://twitter.com/KeytoMarkets/status/1062878340778991617