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AUD/JPY Breaking Rising Trendline and 82.50 Support Pivot
Stocks, Unit trusts, Wealth Management and Forex markets
03-05-2012, 12:01 AM
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The one
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Join Date: May 2000
Location: UK
Posts: 97,394
Potenza rep: 10
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AUD/JPY Breaking Rising Trendline and 82.50 Support Pivot
The daily AUD/JPY chart shows a market that is sliding below a rising trendline that goes back to Dec. 2011. Meanwhile, the recent consolidation support pivot at 82.50 is cracking as well. If the slide extends, the 200-SMA can provide brief support near the 81.00 handle, but a more important 
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