- August 14, 2018
- Posted by: Trading
- Category: News
- The Aussie has plunged against the safe-haven Yen as risk aversion takes over broader markets.
- AUD traders are looking towards Tuesday’s China data dump, hoping for a pick-up to start rebuying.
- Current market tensions have seen the AUD/JPY dip into a new low for 2018.
AUD/JPY Chart, 15-Minute
|Support 1:||80.35 (current day low)|
|Support 2:||79.98 (current week low; major technical bottom)|
|Support 3:||79.00 (major technical barrier)|
|Resistance 1:||80.84 (current week high)|
|Resistance 2:||81.05 (38.2% Fibo retracement level)|
|Resistance 3:||81.97 (previous week high)|
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