AUD/JPY 4H Chart: Bulls Could Prevail

The Australian Dollar has surged by 266 pips or 3.34% against the Japanese Yen since the beginning of February. The currency pair breached the 82.00 level this week.

As for the near future, the AUD/JPY exchange rate could continue to edge higher

However, the weekly R3 at 82.55 could provide resistance for the currency exchange rate during this week’s trading sessions.

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