Prices for AUDJPY are currently testing a key support level on the larger time frame. On the H1 time frame, we are seeing a pullback to test its support zone at 82.424 in line with the 78.6% retracement before a bounce from here. 83.580 will be our first resistance target in line with the 61.8% retracement.
The US dollar fell below a key level of 102 in April. Economic data indicated patchy growth in different parts of the economy, with manufacturing
The dollar index pared early gains to dip below 102 in March, as the banking crisis that began with Silicon Valley Bank’s collapse led to
Prices have been testing a key resistance zone at 0.6280 on the H4 timeframe, in line with the 38.2% Fibonacci retracement. A pullback to this
The US dollar rallied to a high of 105 against a basket of currencies as inflation concerns persisted, with the core PCE index rising by
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