AUDJPY The unwinding continues and the drop to 20 day lows is the first since November. Near term focus is lower towards the 100% extension of the 8863-8518 decline, at 8410. Former resistance reinforces this level at 8385. 8535 is resistance. Prepared by Jamie Saettele, CMT USDJPY – The USDJPY is back at 5 day lows which shifts focus to the 100% extension of the 8409-8197 decline, at 8125. 8240/60 is short term resistance and the near term trend is considered sideways/down below 8338. Prepared by Jamie Saettele, CMT AUDUSD – The AUD is again the biggest loser on the day and the break to 20 day lows shifts focus to ... (full story)