Technical Analysis

Epic comeback: AUD/JPY now down lower than 1%

It had been down 7%

Can we full the comeback?

The Australian greenback is now down simply 79 pips in opposition to the yen at 75.27. It fell as little as 70.64 within the unimaginable flash crash earlier but it surely’s clawed again practically all of the losses.

I used to be carefully watching the 61.eight% retracement because it fell and because it rebounded and that is been a terrific information within the post-flash commerce.

I imply, at this level it has to finish the comeback, proper?

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