AUDJPY – Continues to trade in a long-term downtrend

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Technical AUDJPY – Continues to trade in a long-term downtrend Weekly: The pair is trading in a long-term downtrend. There is a sequence of lower lows and lower highs that began in May 2017. Downtrend resistance is located at 84.35. Daily:  Holding within a bearish corrective channel formation. Levels close to the 61.8% pullback of 78.80 (from 83.89-70.58) have found sellers. Trend li...

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