AUDJPY Advances Take a Breather above Moving Averages

<p>AUDJPY is tiptoeing beneath the established 93.85-94.30 resistance barricade that has muted positive developments ever since the pair corrected to the 91.00 level, which is the 23.6% Fibonacci retracement level of the 80.36-94.30 up leg. Nonetheless, the bullish simple moving averages (SMAs) continue to defend the two-and-a-half-month uptrend from 80.36, which is finding some difficulty […]</p>
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