20 Mar 2015
AUD/JPY hits fresh highs above 93.00
FXStreet (Córdoba) - The AUD/JPY pair rose further and printed a fresh daily high at 93.05. The aussie continues to rise against the yen after trading yesterday during the American session momentarily below 92.00.
Since the beginning of the day the pair is moving with a bullish bias and rose above the level it had a week ago when it closed at 92.65. On a wider perspective is continues to move sideways, around 93.00.
AUD/JPY technical levels
To the upside, resistance might lie at 93.55/60 (Mar 12, 13 high) and 93.80 (Mar 18 high). While on the opposite direction support could now be located at 92.85/90, 92.60 and 92.25.
Since the beginning of the day the pair is moving with a bullish bias and rose above the level it had a week ago when it closed at 92.65. On a wider perspective is continues to move sideways, around 93.00.
AUD/JPY technical levels
To the upside, resistance might lie at 93.55/60 (Mar 12, 13 high) and 93.80 (Mar 18 high). While on the opposite direction support could now be located at 92.85/90, 92.60 and 92.25.