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AUD/JPY – Channel?

AUD/JPY – Channel?

AUD/JPY

Currently we are at 76.69 in a channel and in a range. We are looking for a sideways move and then continuation to the 0.786 Fibo at 75.97 and a continuation to 0.214 Fibo at 74.43. The average daily true range (ATR) for the pair currently is 124 pips.

AUD/JPY Chart

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