The AUD/JPY counter broken its long held support with a break away gap.
Although the bulls are fighting back, the broken support resists and caps the price.
Hence, we expect the pair to move down sharply from here.
Although the bulls are fighting back, the broken support resists and caps the price.
Hence, we expect the pair to move down sharply from here.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.