{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/audjpy-retracing-to-resistance\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/audjpy-retracing-to-resistance\/","headline":"AUDJPY Retracing to Resistance?","name":"AUDJPY Retracing to Resistance?","description":"The AUDJPY has been\u00a0experiencing\u00a0soild downward momentum of late on the daily chart. Price has broken a key support level and now looks to be\u00a0possibly\u00a0retracing higher to this old support area. If price can test this old support traders could look for it to hold as new resistance. Short trades with the recent momentum could then […]","datePublished":"2012-05-08","dateModified":"2019-08-04","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:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2012\/05\/audjpy.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2012\/05\/audjpy.png","height":"230","width":"589"},"url":"https:\/\/forexschoolonline.com\/audjpy-retracing-to-resistance\/","about":["Price Action Charts in Focus"],"wordCount":77,"articleBody":"The AUDJPY has been\u00a0experiencing\u00a0soild downward momentum of late on the daily chart. Price has broken a key support level and now looks to be\u00a0possibly\u00a0retracing higher to this old support area.If price can test this old support traders could look for it to hold as new resistance. Short trades with the recent momentum could then be hunted on the daily or 4hr chart with Price Action as confirmation. AUDJPY DAILY CHART "}