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Technical Analysis

Should we expect a bearish trend on AUDJPY?

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The breakout of AUDJPY through the 93.3360 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, AUDJPY could test 91.5621 within the next 3 days. One should always be cautious before placing a trade, wait for confirmation of the breakout.

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