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AUD/JPY: Approaching important technical resistance

AUD/JPY: Approaching important technical resistance

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By Sean Lee
10/06/2012 | 21:46 GMT

No shortage of pairs to watch this morning, with all the gapping after Spain and China.

AUD/JPY has a 50% retracement level (84.80/74.45) at 79.63, which was also an intraday high last week. The pair is currently trading at 79.55.

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