AUD/JPY
The AUD/JPY has bounced in the recent sessions and has slightly cleared a short term resistance at 86.45 ahead of a consolidation. This event signals a likely extension of the uptrend toward 87.60, last step before the key resistance @ 88.65 (March 2012 top). Short term support lie at 86 and 85.24. Buy – Stoploss @ 85.95 – Target @ 87.59.
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