Fri, 03 Aug 2012 19:56:59 GMT
AUD/JPY to test 82.935
Today AUD/JPY regained bullish momentum.
Even though the price has been lately moving within a downward channel, the
outlook seems bullish, as today a new 3-month high has already been reached. If
the uptrend continues, then the currency couple will face the upper Bollinger
band at 82.935 that might prove to be a considerable resistance level for the
current rally. However, if it fails to