AUD/JPY: Pair has trapped in Consolidation phase.

June 13 ,  2018

 

On the daily chart we can see that overall stock was making successively lower lows and lower highs but after making a low of 80.49 level it could not sustain and we have seen counter attack from bull’s campaign. Well pair is still hovering between the range of 80.49 to 84.15 level in short term. Traders and investors are fed up with these choppy sessions.

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