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Dec 08, 2016

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Market Analysis

Home » Charts » Mar. 18, 2015: Bears Control AUDJPY ahead of Trade, BOJ data

Mar. 18, 2015: Bears Control AUDJPY ahead of Trade, BOJ data

Posted by FXTimes in Charts - March 17th, 2015 9:31 pm GMT

The AUDJPY declined on Wednesday, erasing last week’s impressive rally as the bears continued to control the market ahead of key Japanese data.

The AUDJPY declined 0.3 percent to 92.50 and is amid a downtrend dating back to November of last year. Initial support is located at 92.03 and resistance at 92.71.

 

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