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Audjpysell

AUDJPY Neutral OutlookAUDJPY Neutral Outlook *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
by Pepperstone
AUDJPY potential reversal! AUDJPY expected to rise up to 1st resistance at 74.645 where it could potentially react off and drop down to 1st support at 74.358. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Short
by Pepperstone
AUDJPY Neutral OutlookAUDJPY Neutral Outlook *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
by Pepperstone
AUDJPY reversed from resistance, potential drop! AUDJPY reversed off its resistance at 74.249 where it could potentially drop further to 73.970. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Short
by Pepperstone
AUDJPY Downside Bias with The Current Risk Off ToneSell 74.0095 - 74.160 or 74.290 if we see some pullback TP 1 - 73.860 at ADR low TP 2 - 73.663 Stop Loss - above 74.290 Quick update on this dominant currency sentiment theme for today's US session. We can see that we still have overall risk off tone in the market. However, it is clear that the risk tone has seem to have cool to a modest degree thru out the session so far. As such, AUD and CAD remain broadly weaker in the day. Likewise the safe heaven like JPY and CHF remain firmer in the day. At this stage, the market is still waiting for more clarity. However, as long as that overall more negative risk off tone remain . We do see pressure coming into the commodity currencies like AUD and CAD and strength coming into CHF and JPY. Something also to take note, US market is closed for Thanksgiving holiday, so we have thinner liquidity in the market. Because of that, that might be the reason we might not see a lot of follow thru in the more classic risk off move in the market. However, as long as risk off tone remain, we do see more downside bias for AUD and CAD and upside bias at CHF and JPY.
Short
by TheOfficialAdli
3
AUDJPY Neutral OutlookAUDJPY Neutral Outlook *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
by Pepperstone
1