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AUD/JPY Price Analysis: Aussie parked above the 70.00 figure vs. Japanese yen, bullish

  • AUD/JPY is trading close to 2.5-month highs as the new trading week kicks off.
  • The level to beat for bulls is the 71.00 figure.

 

AUD/JPY four-hour chart

 
AUD/JPY is trading off 2.5-month highs at the start of the trading week. The market rebounded above the 70.00 support level while above its main SMAs. Buyers will be looking for a break above the 71.00 level en route towards 71.50 and 72.50. On the other hand, support is seen near the 70.00 and 69.00 levels. 
  

Additional key levels

AUD/JPY

Overview
Today last price70.52
Today Daily Change0.16
Today Daily Change %0.23
Today daily open70.36
 
Trends
Daily SMA2069.47
Daily SMA5067.8
Daily SMA10070.43
Daily SMA20072.15
 
Levels
Previous Daily High70.8
Previous Daily Low69.94
Previous Weekly High71.08
Previous Weekly Low68.65
Previous Monthly High70.17
Previous Monthly Low64.4
Daily Fibonacci 38.2%70.27
Daily Fibonacci 61.8%70.47
Daily Pivot Point S169.94
Daily Pivot Point S269.51
Daily Pivot Point S369.08
Daily Pivot Point R170.79
Daily Pivot Point R271.22
Daily Pivot Point R371.65

Author

Flavio Tosti

Flavio Tosti

Independent Analyst

 

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