Technical Analysis – AUDJPY trades above uptrend line; cautiously positive in near term

AUDJPY has been posting higher highs and higher lows above a medium-term uptrend line since late August, when the pair touched 69.95, its lowest level in a decade. The short-term outlook therefore seems to have turned positive, though a decisive break above 75.60 is needed to confirm that. Short-term oscillators paint an entirely flat picture, […]