AUD/JPY Price Analysis: Aussie trading in 12-week highs vs. Japanese yen


  • AUD/JPY is trading in 12-week highs as the risk-on mood in Wall Street stays intact.
  • The level to beat for buyers is the 71.75 resistance.
 

AUD/JPY four-hour chart

 
AUD/JPY is printing higher highs and higher lows as the bullish momentum remains intact. The spot is challenging the 71.75 level as the sentiment on Wall Street remains upbeat. Looking up, the next resistance can be located near the 72.50/88 price zone. On the other hand, a sustained break below the 71.10 level could yield further selling in the medium-term with supports seen near the 70.15 and 69.60 levels.  
 

Additional key levels

AUD/JPY

Overview
Today last price 71.58
Today Daily Change 0.26
Today Daily Change % 0.36
Today daily open 71.32
 
Trends
Daily SMA20 69.71
Daily SMA50 68.24
Daily SMA100 70.32
Daily SMA200 72.14
 
Levels
Previous Daily High 71.93
Previous Daily Low 70.82
Previous Weekly High 71.08
Previous Weekly Low 68.65
Previous Monthly High 70.17
Previous Monthly Low 64.4
Daily Fibonacci 38.2% 71.24
Daily Fibonacci 61.8% 71.5
Daily Pivot Point S1 70.78
Daily Pivot Point S2 70.24
Daily Pivot Point S3 69.67
Daily Pivot Point R1 71.9
Daily Pivot Point R2 72.47
Daily Pivot Point R3 73.01

 

 

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