AUD/JPY drops to 75.20 during the early Wednesday morning in Asia. The quote has been declining for the last seven consecutive days and is pushing MACD histogram towards flashing the most bearish signals since late-June.
However, nearness to the 100-day EM and cautious sentiment ahead of the Commonwealth Bank’s (CBA) PMI figures and Preliminary Retail Sales for September month restrict the pair’s further moves.


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