AUD/JPY Price Analysis: Aussie breaks to fresh 3-month highs vs. Japanese yen

AUD/JPY is trading in fresh 3-month highs as the risk-on mood in Wall Street remains intact.
The level to beat for bulls is the 72.80 resistance.

Flavio Tosti Independent Analyst

AUD/JPY four-hour chart

AUD/JPY is pressuring the 72.80 resistance while making higher highs and lows as the positive mood in Wall Street stays intact. The quote is starting the month of June with a positive note. Looking up, the next resistance can be seen near the 73.40 and 74.00 price levels. On the flip side, a turn lower below the 72.00 figure could be seen as bearish in the medium-term with supports possibly emerging near the 71.75 and 71.10 levels.

Additional key levels

AUD/JPY

Overview
Today last price	72.76
Today Daily Change	0.87
Today Daily Change %	1.21
Today daily open	71.89

Trends
Daily SMA20	69.96
Daily SMA50	68.55
Daily SMA100	70.24
Daily SMA200	72.14

Levels
Previous Daily High	71.93
Previous Daily Low	71.14
Previous Weekly High	71.93
Previous Weekly Low	70.2
Previous Monthly High	71.93
Previous Monthly Low	67.63
Daily Fibonacci 38.2%	71.63
Daily Fibonacci 61.8%	71.44
Daily Pivot Point S1	71.38
Daily Pivot Point S2	70.87
Daily Pivot Point S3	70.59
Daily Pivot Point R1	72.17
Daily Pivot Point R2	72.45
Daily Pivot Point R3	72.96

Author

Flavio Tosti

Independent Analyst

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