AUD/JPY: Ready for another leg higher?

Technical Analysis

Author: Adam Button | audjpy

AUD/JPY touches 81.00

AUD/JPY touches 81.00
AUD/JPY has stalled since early January just below 81.00, which also coincides with the 2019 high.

After five weeks of consolidation, this pair may be making another move. I wrote about this on Friday and the bid in risk trades to start the week emphasizes how much more there is here.

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