Wednesday, June 25, 2014

AUD/JPY Candlesticks and Ichimoku Analysis

The Australian dollar staged a stronger-than-expected rebound earlier this month and rose to as high as 96.30 earlier this week, however, as price has retreated after faltering below recent high of 96.50, suggesting further consolidation within recent established range of 93.05-96.50 would be seen and initial retreat to the Kijun-Sen



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