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$AUDJPY: Watching 111.70-111.75 resistance area for a potential turn
The $AUDJPY has been hugging the 111.70-111.75 area today, which looks like a decent resistance zone on the daily. I'm keeping an eye on whether it can hold under there, as a clear break above 111.80 might invalidate the short-term downside scenario.
1 comments · 1 points
Good call on that level. I've been watching it too; seems like a critical point for the next move. Are you looking for confirmation on the hourly or waiting for the daily close?