In my opinion, the AUD/JPY currency pair is poised to decline in the coming days, continuing until it reaches the marked support level. Several factors contribute to this outlook, including recent economic data, market sentiment, and technical indicators. The Australian dollar may face pressure due to potential dovish signals from the Reserve Bank of Australia, while the Japanese yen could gain strength as a safe-haven asset amid global uncertainties. As a result, I believe that the AUD/JPY pair is likely to move downward in the near term, heading towards the specified support zone.
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