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AUDJPY tests session high

JPY
  • Now that the USD, EUR and GBP pares gains against the Yen, the AUDJPY decides to edge higher to test its intraday high, as Equities find a bid.
  • Some desks will look at 102.46, Yesterday's high for resistance in AUDJPY, which was also pretty much the level it was trading at on that last intervention triggered on the 1st May.
  • CHF, USD, and the EUR in that order are still leading against the Yen in G10.

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