AUD/JPY buyers stood their ground

FXStreet Algorythms FXStreet

The recent AUD/JPY decline has pushed the daily MACD line below zero.

Momentum traders following this technical signal will now more confident that serious inroads to the AUD/JPY downside can be achieved. Long-term sellers should find comfort in the fact that this signal hasn't occurred for more than three weeks on the daily charts.

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FXStreet Algorythms

FXStreet

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