Technical Analysis – AUDJPY fights long-term resistance area; bearish divergence detected

AUDJPY stepped on the supportive ascending trendline earlier this week and shifted north again to fight the heavy ceiling around 76.70, which has been active since June 2016. While the RSI and the Stochastics continue to consolidate within the bullish area, they have been printing lower highs over the past two months in contrast to […]