Short term view - AUD-JPY : The moving average is capping prices.
The trend has been momentarily interrupted by a correction. It approaches the resistance at ¥82.4300, which also is the invalidation level. It should cause a fall and resume the bearish trend. The next target is at ¥76.6800. The invalidation level is below ¥82.4300.Arguments :
- The major resistance is close.
- The moving average is capping prices.
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