Nick Nasad
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AUD/JPY - With Push Above 93.55, Eyeing 95.20

The AUD/JPY has pushed out of its recent range, moving above last week's high at 93.55.

I had talked about this pair last week finding support near 93.70, the 61.8% retrace of its most recent upswing, and that level held true during the second half of last week. Therefore this is more of a follow-up post, as we reached our initial target (93.50) and now look towards the second target  (95.20).

- Nick