Blackerberg

AUD/JPY Forecast: Analyzing the Future Outlook

Short
FX:AUDJPY   Australian Dollar / Japanese Yen
The Aussie Yen made an attempt to breach the key resistance levels of 94.93 and 95.05. It successfully surpassed these levels during trading on Friday, but encountered resistance, preventing further upward movement. In this week, my strategy entails vigilant monitoring of the 95.05 zone, with the intention of executing a trade aimed at returning to the established trading range from that point onwards.

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