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November 29, 2024

AUD/JPY Faces Selling Pressure Below 98.00

AUD/JPY encounters selling pressure as it remains below 98.00. The pair’s performance raises concerns as oversold RSI conditions develop. Traders should keep a close watch on market dynamics. The potential for upward movement is being eyed cautiously. Awareness of price levels in relation to RSI conditions is essential for strategic trading. Market sentiment influences currency pairs, and traders must stay alert. Adjustments in trading strategies may be necessary as conditions change. Be prepared for potential fluctuations driven by market reactions.

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