AUD/USD Price Analaysis: A countertrend trader's setup in the making?

The price has run into what would be expected to be a strong area of support and given the imbalance, a correction is the most probable next scenario.
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USD/JPY retreats below 114.00 amid mild risk-on market sentiment

The USD/JPY trims some of Monday’s losses, edges lower 0.07%, trading at 113.92 during the New York session at the time of writing. The market sentime
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