AUD/JPY Price Analysis: Eyes significant gains amid a triangle breakout AUDJPY RBA BOJ Breakouts ChartPatterns
ackage from Japanese Chief Cabinet Secretary Hirokazu Matsuno in which more than 2 trillion yen will be allocated for households to support them against rising prices.
The Australian Dollar is showing strength despite the Reserve Bank of Australia having proposed a pause in the rate-hiking cycle from its April meeting. It seems that RBA policymakers are satisfied with a mere two-month of decline in Australian inflation. Meanwhile, the Relative Strength Index is inch far from shifting into the bullish range of 60.00-80.00.
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