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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 from the resistance zone surrounding the pivotal resistance level 84.310 (former strong support level from November, acting as resistance after it was broken recently). The downer reversal from the resistance level 84.310 accelerated the active impulse waves 3 and (C). AUD/JPY is expected to fall further toward the next sell target at next support level 82.00 (former strong support from May and June).

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