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AUSSIE-YEN: AUDJPY the biggest risk barometer........>

ASIAN MARKETS, AUSSIE-YEN
AUSSIE-YEN: AUDJPY the biggest risk barometer currency has been on an impressive
run, rising 400+ pips off the Oct 26 low to briefly make a show above the 83
level. Mild risk aversion/profit taking has seen a minor retracement to Y82.34,
with bulls eager to close the week above the 200-dma at Y82.09 to extend the
rally. Resistance remains at Y83.82-92 from the 50% retracement of 2018 range &
Sep 19 high. A close below the 200-dma & subsequent reversal back under Y82.00,
opens broken down trendline resistance-turned-support at Y81.79, ahead of the
38.2% fibo of the recent uptrend & 100-dma at Y81.33/24 AUDJPY last Y82.40. 

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