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AUD/JPY reversed from resistance zone

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  • AUD/JPY reversed from resistance zone
  • Next sell target - 82.00

AUD/JPY recently reversed down with the daily Shooting Star from the resistance zone lying between the pivotal resistance level 84.40 (former strong support level from November), upper daily Bollinger Band and the 38.2% Fibonacci correction of the downward impulse from January. AUD/JPY is expected to fall toward the next sell target at next support level 82.00 (which reversed the previous impulse wave 1).

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