AUD/JPY follows the playbook and Morgan Stanley nails it
The AUD/JPY chart is the kind of thing that gives a technical analyst goosebumps. It carved out a clear head and shoulders pattern and the broke down almost precisely to support before bouncing.
It just doesn't get any better than that.
You have to give a big round of applause to Morgan Stanley's technical analysis team for making this call. They argued for shorts on Monday with a target of 82.00. The low today? 81.99.
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