USDJPY is barely holding onto upside momentum Stiff support propping up the bulls but neutral shift may be unavoidable USDJPY is slowly crawling back up towards the February 13 peak of 150.87 after a mild pullback. But despite the tight range of the past two weeks and a strong immediate support zone, the bullish forces […]
Fundamental Analysis: The Reserve Bank of Australia will meet on February 17 and 18, and a rate cut is expected as recent inflation data shows that inflation is approaching the RBA’s target faster than previously anticipated. This scenario puts pressure on the AUD as the Fed is not considering rate cuts in the short term, […]
The post Swing & Intraday Analysis: Key Levels for Trading AUDUSD appeared first on Action Forex.
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