Frannel_Franco
Long

Australian Buying Spree and Weaker Yen #aud #forex

OANDA:AUDJPY   Australian Dollar / Japanese Yen
Today we saw a break of the minor trendlines , looking to test resistance at 84.50. With a candle this strong it will most likely break that support to continue higher. Australian dollar has risen today against all majors. This may have been due to the US-China Trade Wars and is encouraging South East Asia demand for those dollars (risk on currency AUD), instead of the Japanese Yen (Safe Haven)
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