Currently, AUD/JPY is trading at 66.14, consolidating in the same range. Last week this pair started its uptrend and after rebounding from its resistance level, it is trading in a sideways direction. If it breaks support at 65.28, pair may enter into a new downtrend and then next support, which is at 63.88., will be its first target.
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Rishikesh Lilawat
Do follow us for future Forex updates.
Thank you,
Rishikesh Lilawat