AUD/JPY has 2008-high of 104.60 then 2007-high of 107.88 in Sight

Flag breakout: After the BoJ announced its historic “quantitative and qualitative” easing. The JPY was dumped across the board. We noted in a previous update that the AUD/JPY was breaking above consolidation, which we see in the daily chart as a flag pattern. The daily chart shows the market…

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AUD/JPY has 2008-high of 104.60 then 2007-high of 107.88 in Sight

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