Technical Analysis – AUDJPY retreats from 1-year high; positive picture reloading

AUDJPY’s pullback from the fresh peak of 76.77 appears to have received some support from the 72.78 level that being the 23.6% Fibonacci retracement of the up leg 59.85 – 76.77. The Ichimoku lines sponsor an improving picture as does the 50-day simple moving average (SMA) with its positive overlap of the 100-day SMA. Looking […]