Lipoho tsa AUDJPY li Boele li Tšepa ka mor'a ho ba le Dip in Price

Azeez Mustapha

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Tlhahlobo ea Maraka- La 28 Hlakubele

AUDJPY buyers are regaining confidence once again. Recently, the bulls have been making their presence known, as they embark on yet another stroll in the market. After experiencing a dip and finding support at the 98.440 significant level, the buyers have managed to regain control and pull a consistent string of gains.

AUDJPY Litekanyetso tsa Theko

Methati ea Khanyetso: 100.400, 908.440
Support Levels: 96.860,  95.450

Lipoho tsa AUDJPY li Boele li Tšepa ka mor'a ho ba le Dip in PriceMokhoa oa nako e telele oa AUDJPY: Bullish

Before the recent drawback, the market witnessed a period of consolidation. During this time, price action was indecisive, as it oscillated between the key levels of 98.440 and 96.860. This consolidation phase created a sense of uncertainty among market participants, as they awaited a clear direction. However, the Australian market stood out during this period. They showcased great resilience as buyers continued to ride the wave beyond the 98.440 significant level. It seemed like the bulls were in control, ready to push the market higher.

As the buyers approached the 100.400 significant zone, a slowdown was observed. This could be attributed to buyers losing control and struggling to maintain their momentum. The bulls, who had been charging ahead with confidence, found themselves facing resistance and unable to sustain their upward mohoebi. It was a moment of reflection for the buyers, as they realized the need to regroup and strategize for their next move.

After the brief setback, the buyers found support at the 98.440 price level, marking a rebound in their journey. This resurgence was accompanied by positive signals from botekgeniki indicators, such as the MACD (Moving Average Convergence and Divergence). This indicated a bullish pono. The buyers are back in action, showing a strong indication of their determination to push the market higher once again.

Lipoho tsa AUDJPY li Boele li Tšepa ka mor'a ho ba le Dip in PriceMokhoa oa Nako e Khutšoanyane oa AUDJPY: Bullish

Le bareki regaining their footing and the market sentiment turning bullish, the focus now shifts towards breaching the 100.400 boemo ba bohlokoa. This level holds significance as it represents a major milestone for the bulls.

Na u batla ho isa khoebo ea hau boemong bo bong? Kena sethaleng se molemo ka ho fetisisa bakeng sa seo mona 

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Azeez Mustapha

Azeez Mustapha ke setsebi sa khoebo, mohlahlobi oa lichelete, leano la lipontšo, le molaoli oa lichelete ea nang le boiphihlelo bo fetang lilemo tse leshome lebaleng la lichelete. Joaloka blogger le sengoli sa lichelete, o thusa batseteli ho utloisisa likhopolo tse rarahaneng tsa lichelete, ho ntlafatsa tsebo ea bona ea ho tsetela le ho ithuta ho sebelisa chelete ea bona hantle.

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