AUD/JPY: Sellers continue to knock on the door of a downside extension - ConsultFX

AUD/JPY: Sellers continue to knock on the door of a downside extension

AUD/JPY is down 0.6% in trading today ForexLive The low today touched 82.07 and tested the 38.2 retracement level @ 82.12 before bouncing back up. Buyers managed to retrace earlier losses to about 82.50 levels but we're starting to see the downside momentum resume once again.