AUDJPY approaches a key resistance zone around 92.70/95

AUDJPY has begun 2014 off with a wild ride, as it fell more the 5% in the month of January and here in February it is approaching gains of nearly 4%. The move at the beginning of February appeared to catch bears off-guard as the lower low in price was not confirmed by daily RSI (bullish divergence)….

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AUDJPY approaches a key resistance zone around 92.70/95

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