Antipodeans part 2: AUDJPY highest since august 2008

…and that’s when it was in the early stages of the big slide from approx 104.40 to 55.00 !!!

The high overnight was 99.60; many of the big banks have had a target of 100 + and we will no doubt see that off and open the way towards the earlier-mentioned 2008 high and who knows ? perhaps the 2007 highs that were a whisker below 108.

See the weekly chart:

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