Technical Analysis – AUDJPY set for golden cross in upward sloping channel

AUDJPY continues to post higher peaks and higher troughs within an upward sloping channel since late August, which keeps the broader outlook positive. Moreover, the 50-day simple moving average (SMA) looks ready to cross above the 200-day one soon, which would be another bullish sign. That said, both seem to be flattening out, signaling that […]