Australian yen and expected buying areas in the medium term

Analysis of the Australian Yen pair and expected buying areas.

 

The Australian Yen pair is still in a strong downtrend as a result of the disposal operations.

The pair is expected to continue falling in the coming period until reaching the specified demand areas.

In the event of reaching the specified demand areas, it is expected to rise from them to the specified targets on the chart.

It is preferable to enter the buy after the appearance of any model that supports buying on the lower frames.

The analysis fails to break the demand areas on the daily frame and close below them.