
Breach of important price line imminent by AUDJPY
AUDJPY is moving towards a line of 94.0300 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If AUDJPY continues in its current trajectory, we may see it move towards 94.0300 within the next 2 days.
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