Technical Analysis – AUDJPY consolidates near 10-year lows

AUDJPY fell to a fresh 10-year low of 69.90 earlier this week, before rebounding somewhat to re-enter the sideways range between 72.90 and 70.70 that it had been trading in since early August. The price structure still points to a clear downtrend, though a clear move below 69.90 is needed to signal that the consolidation […]