Sunday 25 October 2015

Forex Technical Analysis of AUDJPY for October 26, 2015

Support - S1 : 86.987 | S2 : 86.343 | S3 : 85.789
Resistance - R1 : 88.185 | R2 : 88.739 | R3 : 89.383
Main Trend - Bullish
Intraday Trend - Bullish

On 4H chart of forex technical analysis for the exchange rate AUDJPY, we can see that price moves within a channel and above EMA(50) and EMA(200) which have upward cross.

Considering all the details from the charts of forex technical analysis we can detect all critical levels and trading targets for H1 and H4 timeframes:

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