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CFDs are leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your deposits, so please consider our Risk Disclosure Notice and ensure that you fully understand the risks involved. CFDs are leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your deposits, so please consider our Risk Disclosure Notice and ensure that you fully understand the risks involved.

​​AUD/USD, EUR/JPY and USD/JPY stabilize ahead of US presidential debate​​

​​​AUD/USD, EUR/JPY and USD/JPY hold at support ahead of US presidential debate​​.

AUD Source: Adobe images

​​​AUD/USD topped out

AUD/USD's drop through its 22 August low at $0.6698 confirms a medium-term top formation with the 200-day simple moving average (SMA) at $0.6616 being eyed. 

Minor resistance sits at Wednesday's $0.6686 low and further up at the 22 August low at $0.6698. More significant resistance can be spotted at Friday's $0.6767 high. While below it, downside pressure should dominate.

AUD/USD chart Source: TradingView.com
AUD/USD chart Source: TradingView.com

EUR/JPY tries to level out

EUR/JPY tries to find support slightly above the 9 January low at ¥157.21.

The ¥160.00 region should still act as minor resistance

EUR/JPY chart Source: TradingView.com
EUR/JPY chart Source: TradingView.com

​USD/JPY tries to stabilize

USD/JPY tries to stabilize above its ¥141.70 early August low. Minor resistance is seen the late August ¥143.45 low.

​While no rise above the early September high at ¥145.55 is seen, downside pressure retains the upper hand.

USD/JPY chart Source: TradingView.com
USD/JPY chart Source: TradingView.com

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