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Forex Flash: AUD/JPY projected to 90.00 mid-year - TDS

January 24, 2013 | Filed Under »
Forex pairs in this Article » AUD/JPY
FXstreet.com (Barcelona) - The TD Securities Team sees "scant impetus for the AUD to deviate from the USD1.040/60 range," however, "if it eventually breaks lower, "by virtue of a probable JPY rebound alone, AUDJPY looks ripe for a correction" the team says. From its 94.60 level, "we forecast a move towards JPY90 by mid-year" TDS notes.
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