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AUD/JPY holds at Y85.55, on the high side of the day's range of Y84.59 to Y85.80. At the earlier peak, the pair was up 14.4% from the Y75.02ish lows seen March 17. Westpac strategists say "the pair's rebound will only encourage markets to buy dips." They maintain that Y88 "looks achievable, with a break of Y88 opening Y90."
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