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November 5, 2012

AUD/JPY testing 4-month range resistance

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Range: It depends how you define range. When looking at the daily chart, the market established a support around 79.35 since June, and you can say that it started to whip back and forth across the 200-day SMA in July. By these observations, AUD/JPY has been ranging for about 4 months. If however,... FF News: Technical

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