AUD/JPY Analysis: Rate Falls to Important Support

<p><img width="612" height="368" src="https://www.actionforex.com/wp-content/uploads/2019/04/f-au-jp2-e1603097799999.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" srcset="https://www.actionforex.com/wp-content/uploads/2019/04/f-au-jp2-e1603097799999.jpg 612w, https://www.actionforex.com/wp-content/uploads/2019/04/f-au-jp2-e1603097799999-600×361.jpg 600w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>This morning, the AUD/JPY rate dropped below 95.2 yen per Australian dollar for the first time since late October. The weakening of the AUD was contributed by: → negative news regarding the Chinese economy. The Hang Seng Index set its 2023 low yesterday; → Australian GDP data published yesterday, which is growing at a weaker-than-expected […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/530727-aud-jpy-analysis-rate-falls-to-important-support/">AUD/JPY Analysis: Rate Falls to Important Support</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>

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