AUD/JPY Technical Analysis: Remains trapped inside of last week's range

The AUD/JPY is trading tersely near 82.50 after Monday's bearish gap leaves the pair hobbled within Friday's trading range.

Joshua Gibson FXStreet

AUD/JPY Chart, 5-Minute

Over the past two weeks, the Aussie0Yen pairing has become familiar with the current range zone, especially in the latter half of last week, though the pair does remain buoyed from the near-term low of 81.40.

AUD/JPY Chart, 30-Minute

The past three months have the AUD/JPY trading inside of a rough long-term range, though support is being found for a potential upmove from the 38.2% Fibo retracement level from 81.35, while a bearish break down will take the AUD/JPY back into October's bottoms near 78.50.

AUD/JPY Chart, 4-Hour

AUD/JPY

Overview:
    Last Price: 82.47
    Daily change: -26 pips
    Daily change: -0.314%
    Daily Open: 82.73
Trends:
    Daily SMA20: 81.14
    Daily SMA50: 80.87
    Daily SMA100: 81.29
    Daily SMA200: 82.01
Levels:
    Daily High: 82.84
    Daily Low: 82.11
    Weekly High: 82.9
    Weekly Low: 81.39
    Monthly High: 82.5
    Monthly Low: 78.56
    Daily Fibonacci 38.2%: 82.56
    Daily Fibonacci 61.8%: 82.39
    Daily Pivot Point S1: 82.28
    Daily Pivot Point S2: 81.83
    Daily Pivot Point S3: 81.55
    Daily Pivot Point R1: 83.01
    Daily Pivot Point R2: 83.28
    Daily Pivot Point R3: 83.73

Author

Joshua Gibson

FXStreet

Joshua joins the FXStreet team as an Economics and Finance double major from Vancouver Island University with twelve years' experience as an independent trader focusing on technical analysis.

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