AUD/JPY in weak upside breakout, facing key long term resistance zone

<p>AUD/JPYs breach of 78.82 resistance suggests resumption of rise from 73.13. But upside momentum has been weak so far, and the cross couldn’t sustain above 78.82 yet. Also, we’d note again that AUD/JPY is facing a key resistance zone, between 55 month EMA and decade long falling channel. Risk of topping at around current level […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/live-comments/350128-aud-jpy-in-weak-upside-breakout-facing-key-long-term-resistance-zone/">AUD/JPY in weak upside breakout, facing key long term resistance zone</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>