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.

Flavio Tosti Independent Analyst

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

Author

Flavio Tosti

Independent Analyst

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