AUD/USD: H&S Confirmed; USD/JPY: Fibo Support Key – SocGen

As a new week commences in Asia, we bring analysis from SocGen regarding two Asia Pacific pairs. AUD/USD and USD/JPY are trading in interesting patterns. Here is their view, courtesy of eFXnews: AUD/USD confirmed a head-and-shoulder pattern last year and is extending the downtrend, notes SocGen. “The monthly RSI has broken below a multi-year trend line support, [&hellip