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November 26, 2024

AUDJPY Attempts Recovery After Hitting October Lows

The AUDJPY cross sees a rebound, recovering approximately 75-80 pips from the critical 99.00 round figure. This drop marked the lowest level since early October. The pair remains below the significant psychological barrier of 100. Concerns about the US-China trade tensions amplify the volatility of AUDJPY. As the market navigates these geopolitical challenges, traders must act with caution. The outcome of these situations could greatly influence future price movements.

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