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tradingconmike

AUDJPY → Stays below 97.00

Short
Australian Dollar / Japanese Yen (FX:AUDJPY)  
tradingconmike  
FX:AUDJPY   Australian Dollar / Japanese Yen
Trend Analysis Chart Patterns AUDJPY audjpyshort audjpyanalysis audjpysignal audjpytrade Contains IO script
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trendanalysis chartpattern audjpy audjpyshort audjpyanalysis audjpysignal audjpytrade containsioscript
- AUD/JPY's continued downtrend reflects risk-off mood and strength in safe-haven currencies, falling 0.32% on Tuesday.

- Market focus on upcoming US inflation data, with implications for Fed's rate path and broader market sentiment.

- Technical analysis suggests neutral bias; key levels to watch include resistance at 97.00 and support at 96.14 and 96.00.
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