Fill in your details below to log in to your MyAccount area.
Technical Analysis 28.11.2017 - AUD/JPY: Ichimoku clouds
On the daily chart Tenkan-sen line is below Kijun-sen, both lines are directed downwards. Confirmative line Chikou Span is below the price chart, current cloud is descending. The instrument is trading below Tenkan-sen and Kijun-sen lines; the Bearish trend is still strong. One of the previous minimums of Chikou Span line is expected to be a support level (84.000). The closest resistance level is Tenkan-sen line (85.196).
This article comprises the personal view and opinion of the STO Investment Research Desk and at no time should be construed as Investment Advice.