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AUD/JPY Mounting for Third Attempt at Breaching 79.853 Resistance?

Since December, AUD/JPY has been trading sideways in the 77.735-79.852 range. The pair appear to be mounting up for a third attempt at breaching the upper bound. What would a failure imply?

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AUD/JPY Mounting for Third Attempt at Breaching 79.853 Resistance?

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