Chart of The Day $AUDJPY 10-31-2016

On the AUDJPY daily chart we can see that the pair reached strong resistance level 80.230 tested and rejected from, four times previously since June 2015. 200 SMA is marked by 80.093 level. If we get  a rejection from this zone again we could see the pair falling to 76 level. With RBA and BOJ meetings tomorrow volatility will be increased.

Happy trading! (click on the chart to enlarge it)


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