AUD/JPY Price Analysis: Aussie retreats to the 70.00 level vs. Japanese yen


  • AUD/JPY is retreating after hitting 2.5-month highs earlier in the week. 
  • Support can be seen near the 70.00 and 69.00 figures.  
 

AUD/JPY four-hour chart

 
AUD/JPY is retreating after hitting 2.5-month highs this week. The market is challenging the 70.00 support level while trading above the main SMAs. A break below this level can lead to further losses aiming the 0.6900 level. On the other hand, next week bulls may retry to gain the 71.00 figure en route towards fresh May’s highs. 
  

Additional key levels

AUD/JPY

Overview
Today last price 70.27
Today Daily Change -0.37
Today Daily Change % -0.52
Today daily open 70.64
 
Trends
Daily SMA20 69.38
Daily SMA50 67.73
Daily SMA100 70.48
Daily SMA200 72.16
 
Levels
Previous Daily High 71.08
Previous Daily Low 70.5
Previous Weekly High 70.18
Previous Weekly Low 68.55
Previous Monthly High 70.17
Previous Monthly Low 64.4
Daily Fibonacci 38.2% 70.72
Daily Fibonacci 61.8% 70.86
Daily Pivot Point S1 70.4
Daily Pivot Point S2 70.15
Daily Pivot Point S3 69.81
Daily Pivot Point R1 70.98
Daily Pivot Point R2 71.33
Daily Pivot Point R3 71.57

 

 

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