AUDJPY - Daily - All eyes on the upside line

2020-01-21 16:43:50

Quick idea.

All eyes on the medium-term upside support line. If it holds, there is a chance for a rebound. But we will only get comfortable with the upside if we see a push above the 75.81 territory.
On the downside, in order to examine lower areas, a break of the 75.20 zone would be needed.

Please see the chart for details.

Don't forget your stop-loss.