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  1. AUD/JPY Technical Analysis - bearish ranging within narrow levels

    by , 05-19-2016 at 05:41 PM
    Daily price is on bearish market condition located below Ichimoku cloud and Senkou Span line which is the virtual border between the primary bearish and the primary bullish on Ichimoku chart. The price is on ranging within narrow s/r levels waiting for direction.

    If the price will break 78.16 support level so the primary bearish trend will be continuing.
    If the price will break 80.64 resistance level so the local uptrend as the secondary rally within the primary bearish condition ...