The AUD has underlying downside bias from the RBA but AUDUSD is somewhat caught up in the downside USD bias, so it’s trading sideways. But AUDJPY provides a good neutral alternative with a touch of downside negative sentiment from USDJPY. so it’s my go to trade if the Australian employment data is weak.
Current Technicals: Down
Hourly Resistance: 76.03
Bottom of Cloud: 75.88
Hourly Support: 75.33 (weak only 2 touches)
AUDJPY HOURLY CHART – Current Price 75.55
Current Fundamentals: Down
Central Bank Sentiment: Down
Geopolitical Impact: Down
Upcoming Potential Fundamental Drivers
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