FX:AUDJPY   Australian Dollar/Japanese Yen
Even though the australian dollar             gained considerable strength against almost all currencies , fundamentally speaking, the RBA made a remark about the australian dollar             to be preferred trading around 0.65 against the USD. Technically AUDJPY             even though BoJ keeps dovish stances, is at an important confluence point. Trades taken at this point may carry a danger of bad risk/reward ratio.

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