Market Analysis of AUDJPY on Wednesday 26 July 2023

2023-07-26 19:13Source:BtcDana

AUDJPY TECHNICAL ANALYSIS SHORT TERM VIEW     

 It is running in positive trend and it is running in major and minor support so it can give good jump upside anytime .Stop loss is 93.20 and it can fly towards 97 dollar .Overall calculation is stop loss 91.85  and its main target is 98.65 dollar .

 QUICK FUNDAMENTAL LOOK                                                                     

The Australian dollar slipped on Wednesday after a surprisingly low reading on inflation led investors to sharply lengthen the odds on a hike in interest rates next week, sparking a rally in bonds.

POC = Risk is a part of trading, use caution when placing orders and take market advice only into account.

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