AUD,NZD/FXWW News/JPY crosses/Technical Analysis

AUD/JPY: Technical resistance at 94.40/70

  • Recent highs and the 200-DMA are looming nearby at 94.45/65 respectively (see chart).
  • Temporary debt-deal in the US has improved risk sentiment.
  • Lack of reaction to the deal shows that the market is light on positioning and unsure what to do.

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