Chart of the Day $AUDJPY

On the AUDJPY chart, we can see that the pair has broken below the 81 rectangle level. This break is now opening the downside extension to 76-77 zone. This is the target zone near-term. A strong downside support is 81.50-82.

Note: look for the short trade entries with the stop loss above the 81 level.

AUDJPY price action technical analysis

 

 

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