FX Play of the Day: Could AUD/JPY’s Rejection at 97.50 Lead to a Short-Term Reversal?
As you can see, AUD/JPY has been rejected from the 97.50 area and is now trading 100 pips lower at the 96.50 area.
This is probably the most favorable decline for the pair since it took off from 90.50 at the beginning of the month!
What…