AUD/JPY
After a slight consolidation, the AUD/JPY has gone back to the recovery and should test, over the coming trading sessions, a resistance at 81.58 (June 2012 peak). Breaking above this level would release more upside potential towards 83.20 (61.8% retracement of March to June 2012 downward wave), and possibly towards 83.96 (October 2011 high pivot). The initial support is located at 79.32. (Buy : Stop @ 79.27 ; Target @ 83.10).
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