AUD/JPY Asia Price Forecast: Aussie surges to 4-month highs vs. Japanese yen

AUD/JPY is trading at levels last seen in late January 2020.
The level to beat for bulls is the 75.00 resistance.

Flavio Tosti Independent Analyst

AUD/JPY four-hour chart

AUD/JPY is nearing the 75.00 resistance while trading in 4-month highs. As bulls remain firmly in charge the market can be set to advance further especially on a break above the 75.00 resistance en route towards the 75.90 and 76.55 levels. On the other hand, support can be seen near the 74.00, 72.90 and 72.50 price levels.

Additional key levels

AUD/JPY

Overview
Today last price	74.95
Today Daily Change	1.82
Today Daily Change %	2.49
Today daily open	73.13

Trends
Daily SMA20	70.18
Daily SMA50	68.71
Daily SMA100	70.22
Daily SMA200	72.15

Levels
Previous Daily High	73.19
Previous Daily Low	71.61
Previous Weekly High	71.93
Previous Weekly Low	70.2
Previous Monthly High	71.93
Previous Monthly Low	67.63
Daily Fibonacci 38.2%	72.59
Daily Fibonacci 61.8%	72.22
Daily Pivot Point S1	72.1
Daily Pivot Point S2	71.06
Daily Pivot Point S3	70.52
Daily Pivot Point R1	73.68
Daily Pivot Point R2	74.23
Daily Pivot Point R3	75.26

Author

Flavio Tosti

Independent Analyst

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