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Thomas Long, Course Instructor

Not surprising though as the AUD has been the leader in this trending move from the beginning of 2009. This pair is still in an uptrend based on the higher highs and lower lows we see on this chart. If you want to find a trade based on the current JPY weakness, then this is most likely the best choice. This pair will remain in an uptrend as long as it can stay above the 76.33 low of October 2nd.


I would continue to look for buying opportunities as long as the AUD/JPY can stay above the 76.33 low of October 2nd.


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