AUD/JPY’s decline continues today after RBA delivered the 50bps rate hike as expected, and turned a bit cautious about the policy normalization path ahead. Of course, Yen’s persistent, broad-based rally elsewhere is a factor pressing the cross. With 91.41 support taken out, immediate focus is now on 100% projection of 96.86 to 91.41 from 95.68 […]
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