Aud/Jpy
AUD/JPY collapsed today following the US airstrikes at Baghdad’s international airport. The pair broke below three support (now turned into resistance) barriers and is currently trading slightly below the 75.05 zone, which currently coincides with the 200-EMA on the 4-hour chart. Although the rate is still trading above the upside support line drawn from the low of November 14th, there is still decent room to the downside before traders could reach that line.