AUDJPY Pulls Back, But Uptrend Still in Play

<p>AUDJPY retreated recently after touching a one-year high near 76.80, but the pair found fresh buy orders at 72.70 and rebounded again. The structure of higher highs and higher lows on the daily chart remains intact, and the price is still trading above a three-month upside support line. If the 50-day simple moving average (SMA) […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/305629-audjpy-pulls-back-but-uptrend-still-in-play/">AUDJPY Pulls Back, But Uptrend Still in Play</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>