The AUD/JPY breakout is starting to look more like a fakeout

AUD/JPY threatens to fall back below the topside of its previous range ForexLive The pair has been ranging between 77.50 to 79.85 since mid-January up until we saw price broke out last Friday to climb to its highest levels this year. At the same time, price also broke above the 200-day MA (blue line) as buyers look

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