AUD/JPY Technical: Holding Above 20-day Moving Average

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<p>The AUD/JPY cross pair tends to be used as a proxy for “risk-on/risk-off” behaviour where a clear uptrend movement can be considered as a persistent “risk-on-herding” behaviour is at play and vice versa. In the past four weeks, the AUD/JPY has rallied by +445 pips from its 16 October 2023 low of 94.14 to the […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/528466-aud-jpy-technical-holding-above-20-day-moving-average/">AUD/JPY Technical: Holding Above 20-day Moving Average</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>