JPY Rallies; AUD, NZD, EMFX Tumble; Yields, Stocks Slump
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Overview:
Watch the video for the key trading levels for the week ahead for AUDJPY, AUDUSD, EURJPY, EURUSD, GBPJPY, and GBPUSD.
Last week EURJPY was the only pair to hold a gain for the week. AUDJPY, AUDUSD, EURUSD, GBPJPY, and GBPUSD all finished down for the week. GBPUSD broke strongly below the 1.3000 weekly support level on Friday and closed below the 1.2854 weekly support level.
AUDJPY Daily chart:
Monthly support at 90.72, 90.29, and 86.24, resistance at 97.29.
Weekly support at 90.72, resistance at 94.31.
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