Technical Analysis – AUDJPY still cautiously positive, but rally capped by 75.60
AUDJPY has been posting higher peaks and higher troughs in recent months, above an uptrend line drawn from the lows of August. The near-term outlook therefore seems positive now, though the inability of the bulls to post a closing candle above 75.60 is worrisome and suggests some cause for caution. A clear break above 75.60 […]