Daily Analysis 08/12/2021

DAILY ANALYSIS

Traders can follow economic events or news which may affect the trend of this pair, to adjust on trade position.

 

DAILY AUD/JPY

Support & Resistance: S1: 79.9
From the daily chart, the price has supported above the support level (78.85) and the price start rising. Traders can trade long position when the price retrace to the support level (79.9).

TRADING TIPS


Long Position

80

81

79.5