AUD/JPY Few weeks of general bearishness dropped price from 88 to 77.60.
Last three years this pais trading in range between [70,72] and [87.70,89.65] that is very clear to me. The strong push down of last weeks put AUDJPY near lower band of this range.
Continued bearish momentum suport can be found at 75.50 below74.10 and confluence area [70,72].
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