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AUD/JPY Price Forecast: Holds losses below 113.00 on intervention fears, bias stays mildly bullish

AUD/JPY Price Forecast: Holds losses below 113.00 on intervention fears, bias stays mildly bullish

Source Summary

The AUD/JPY cross trades in negative territory around 112.75 during the early European trading hours on Tuesday. The Japanese Yen (JPY) strengthens against the Australian Dollar (AUD) as traders are on high alert for currency intervention from Japanese authorities.

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