FXNTC

AUDJPY - Further room to the downside

FX:AUDJPY   Australian Dollar / Japanese Yen
January gave us a bullish trending pullback into what was previous support around 79.000, in just this first full week of Febuary we have seen price find a ceiling and take a steep dive down towards support at 78.000. Previous support exists at 77.500-78.000. If we break this support, I expect a further down move to the 75.000.

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