AUD - BULLISH
1️⃣ The underlying bullish sentiment in the financial markets acted as a tailwind for the perceived riskier Aussie.
JPY - BEARISH
1️⃣ Risk-on tone weighing on the safe-havens JPY.
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Technical
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We are looking to buy the AUDJPY at support + above SMA 50 on the H1 chart.
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Risk to this trade
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Any change in sentiment could turn the pair's direction.