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AUDJPY continues to fall after the recent downward reversal from the resistance area lying between the powerful, long-term resistance level 76.550 (which has been reversing the pair from last December) and the upper daily Bollinger Band. Given the strength of the aforementioned resistance area – AUDJPY is likely to extend the losses in the active impulse wave (iii) toward the next support level 75.000 (low of the previous impulse wave (i) from the end of July)
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