Monday, August 19, 2019
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Technical Analysis – AUD/JPY bulls face big challenge around 20-SMA

Selling interest is continuing in the AUD/JPY market, remaining below the 20-day simple moving average (SMA). However, the technical indicators are suggesting a possible upside correction. The MACD is strengthening its bullish momentum above the trigger line, while the RSI is looking slightly positive in the negative threshold. Should positive pressure come

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