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AUDJPY targets last week's high

AUD
  • AUDJPY is now close to have reversed the move from last Thursday, when it fell some 75 pips, led by the fall in Equities on Geopolitical Risks.
  • AUDJPY was trading around 100.325, but most market participants will look at 100.402, last Thursday's high and the Highest printed level since 2014.
  • Further upside traction/momentum, would target the next key area of interest at 102.848 (All prices are according to Bloomberg).

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