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AUD/JPY remain bullish above major support

We remain bullish above major support at 84.58 (Fibonacci retracement, Fibonacci projection, horizontal overlap support) for a push up to at least 85.12 resistance (Fibonacci retracement, horizontal overlap resistance, recent swing high).

RSI (34) is right above our long-term ascending support line.

Buy above 84.58. Stop loss at 84.39. Take profit at 85.12.

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The material has been provided by InstaForex Company - www.instaforex.com