AUDJPY Chart Technical Outlook

AUDJPY Chart Technical Outlook corrects lower on a third pause by the RBA
AUD/JPY has printed lower highs and lows since mid-June as the RBA paused its Interest Rate hiking for three consecutive meetings. Prices have more room for the downside amid the risk aversion data on strengthening USD and US-Sino tensions.
A break below 93.60 opens the door to 93.10 and 91.80. Resistances are at 94.70 and 95.70.

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