AUDJPY Targets 98.00 as Prospects for Bullish Divergence Loom
The AUDJPY cross continues to climb for the second consecutive day, currently trading around 98.20 during the Asian session on Monday. The 14-day Relative Strength Index (RSI) is just below the 50 level, hinting at potential bearish momentum. However, the ongoing upward trend raises questions about possible bullish divergence. Monitoring price movements will be crucial as market dynamics unfold.
Newsletter
Get Every Weekly Update & Insights
[mc4wp_form id=]