AUD/JPY Forex Pair Stretches Lower as Risk-Off Sentiment Weighs

Wednesday, 3 April 2024, 08:53
The AUD/JPY forex pair is facing strong downward pressure, nearing the crucial support level of 98.70 amidst prevailing risk-off sentiment. Traders are closely monitoring the pair's movement as it tests this key level, which could signal further bearish momentum. The impact of the risk-off sentiment on the global currency market remains a significant concern for investors, highlighting the importance of monitoring the AUD/JPY pair's behavior in the coming sessions.
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AUD/JPY Forex Pair Stretches Lower as Risk-Off Sentiment Weighs

AUD/JPY Forex Pair Update

AUD/JPY edges lower to near 98.70 during the European session on Wednesday.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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