Instrument: AUDJPY
Technical Analysis
Bullish Preference:
buy position is envisaged if the price trades above 91.512 with take profit at 91.629.
Bearish Preference:
sell position is envisaged if the price trades below 91.350 with take profit at 91.233.
Fundamentals:
None with High Impact
Comment:
AUD/JPY takes offers to refresh the intraday low near 91.20 while marking a nearly 50 pips quick fall on the downbeat Aussie jobs report for April on early Thursday. Also weighing on the cross-currency pair are the market’s downbeat yield and cautious mood.
Analysis: SCRUM Team