Cross-rate signals: AUD/JPY expectations went to the development point

Expectations for cross AUD/JPY from last week for a long time remained in limbo. Fixing a pair below the level of 82.50-30 indicates the start of the development of expectations for this pair.

Now, from the AUD/JPY cross, one expect a downtrend with a test of support levels: 82.00 and 81.50. Significant resistance is located at the levels: 82.30 and 82.50, breaking through which cancels expectations for a decrease in cross-country.

Fig. AUD/JPY. Current price – 82.10

Hanzenko Anton