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Some interesting moves in the Yen

JPY
  • Some notable moves here, AUDJPY is back above 107.00 despite the Risk Off tone led by Europe in Equities.
  • AUDJPY tested a 107.066 high this week, testing through now, but the main upside target is still at 107.87 the 2007 triple top and highest level since 1991, now trading at 107.10.
  • The Aussie also tests session high against the Dollar, next resistance in the pair will be seen at 0.6714 High Jun 16 and the bull trigger.
  • So despite the weaker Yen against the AUD, the Japanese currency breaks through fresh highs against the GBP, EUR and te USD.

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