AUD/JPY: Bull breakout runs into 100-day MA hurdle

AUD/JPY daily chart shows inverse head-and-shoulders breakout. 100-day moving average (MA) hurdle is capping upside in Asia. The AUD/JPY witnessed an inverse head-and-shoulders breakout on Monday as subsiding US-China trade tensions put a bid under the risk assets. The bullish breakout indicates the sell-off from the January 23 high of 89.07 has ended and has […]

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