An 60 point rally for USDJPY after Kyodo report refers to cut in effective corporate tax rate while the Australian dollar currently trading lower against U.S counterpart to 0.9350 down 0.2 percent. Unemployment claims and pending home sales in the U.S are the major news for today.
Trade Idea
AUDUSD
Crucial support 0.9345, a 4H break and close below that level targets 0.9280, alternative a break above 0.9390 targets 0.9455.
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