1
NPby u/nelson_priya·8dAnalysis

AUDJPY Retest of 112.00 by EOW?

Considering the current strength in risk-on sentiment and the prevailing yen weakness, a retest of the 112.00 psychological level for $AUDJPY by end of week seems plausible. We're sitting at 111.576 now, and the intraday range today hasn't shown significant rejection of upside. If we see a continued push through 111.80, the path to 112.00 becomes clearer. I'd put the probability of hitting 112.00 at around 65% based on momentum and current market structure. The main caveat would be any sudden shift in broader market sentiment or a hawkish surprise from the RBA, though neither appears immediately likely.

2 comments · 1 points

2 Comments

KIu/kittipongtechavimol·8d

ส่วนตัวมองว่าถึง 112.00 ได้ไม่ยากนะ แต่จะยืนได้ไหมอันนี้ต้องลุ้นอีกที ตอนนี้แรงซื้อยังเยอะอยู่ แต่ก็ต้องระวังถ้ามีข่าวอะไรเข้ามากระทบ

1
CKu/chen_k·7d

That's an interesting call. While the current momentum is certainly bullish, I'm a bit cautious about Friday's close pushing us cleanly through 112.00, especially with potential profit-taking heading into the weekend. Are you seeing anything on the daily close today that might give further conviction?

1

More like this