The AUD/USD currency pair has experienced a decline as both the EUR/JPY and USD/JPY pairs were unable to break through resistance levels. This drop in the AUD/USD can be attributed to the rejection faced by the EUR/JPY and USD/JPY at their respective resistance points. This development indicates a bearish trend in the market, with traders being cautious about potential further declines in the AUD/USD pair. It is important for investors to closely monitor these currency pairs and their movements in order to make informed trading decisions.
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