{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/audjpy-price-sell-off-at-resistance-level-of-95-148-targeting-93-460-level\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/audjpy-price-sell-off-at-resistance-level-of-95-148-targeting-93-460-level\/","headline":"AUDJPY: Price Sell Off at Resistance Level of $95.148, Targeting $93.460 Level","name":"AUDJPY: Price Sell Off at Resistance Level of $95.148, Targeting $93.460 Level","description":"The currency pair is having a bullish posture on both the long-term and the medium-term outlook. The currency pair is going in favor of the bulls now.AUDJPY Weekly Price Analysis \u2013 August 14If the bears should add more force to their activities in the market and push the price to the $93.460 level and break […]","datePublished":"2022-08-14","dateModified":"2022-08-14","author":{"@type":"Person","@id":"https:\/\/forexschoolonline.com\/author\/jonfox\/#Person","name":"Johnathon Fox","url":"https:\/\/forexschoolonline.com\/author\/jonfox\/","identifier":1,"description":"Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.","image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Forex School Online","logo":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","width":240,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2022\/08\/AUDJPYLNT-2.png","url":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2022\/08\/AUDJPYLNT-2.png","height":546,"width":1280},"url":"https:\/\/forexschoolonline.com\/audjpy-price-sell-off-at-resistance-level-of-95-148-targeting-93-460-level\/","about":["AUD\/JPY","Forex Trading Tools","FX Technical Analysis","Price Action Charts in Focus","Trade Setups"],"wordCount":349,"keywords":["audjpy","Australian Dollar\/Japanese Yen","FX Technical Analysis"],"articleBody":"The currency pair is having a bullish posture on both the long-term and the medium-term outlook. The currency pair is going in favor of the bulls now.AUDJPY Weekly Price Analysis \u2013 August 14If the bears should add more force to their activities in the market and push the price to the $93.460 level and break it down, it may descend to $92.528 and $90.521 support levels.AUDJPY MarketKey Levels:Resistance levels: $95.140, $95.240 $95.340Support levels: $90.521, $90.421, $90.321AUDJPY Long-term Trend: BullishAUDJPY is having a bullish posture in its long-term outlook. The buyers caused a rise to the $94.055 resistance level during yesterday\u2019s session and sustained it.The market price of AUDJPY continues in the up north way by the bulls at a $94.444 high level as the daily chart opens today.The reactions from the buyers move the market price of the Yen further up to $95.148 on the upside above the moving averages, this simply means an upward trend in the context of the strength of the market.Meanwhile, a further upward move is unlikely as the market has reached the overbought region. This may compel the sellers to resume the downward trend soon, $90.521 on the downside and beyond might be the target in the days ahead in the long-term perspective.AUDJPY Medium-term Trend: BullishThe price movement of AUDJPY is currently seen to be in the bull\u2019s direction in the medium-term outlook.The price action rises significantly by the bulls to the $95.148 resistance level above the two moving averages as the 4-hourly chart opens today; this implies that the bulls are in control of the market at the present.Meanwhile, a divergence is noticed as the momentum indicator is pointing downwards at around level 96% in the overbought region. This means that the buying pressure has ended and the sellers are now set to dump the price of the Yen downsides. The $90.521 support level may be retested in the future in the medium-term view.Note:\u00a0Forexschoolonline.com\u00a0is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results. "}