AUD/JPY Price Forecast: Falls to near 109.00 while staying above 100-day EMA, bullish bias intact

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The AUD/JPY cross tumbles to near 109.05 during the early European session on Monday. Renewed trade war fears, rising geopolitical tensions in the Middle East, and uncertainty provide some support to a safe-haven currency such as the Japanese Yen (JPY) against the Aussie.