AUD/JPY regains 93.00; will it last?

FXstreet.com (Chicago) - AUD/JPY fell to 92.91 session lows at the opening of Tokyo and struggles to regain the 93.00 front after the release of mixed data in Japan.

AUD/JPY Technical Levels


Technically speaking, the pair is offered at 93.05 and oscillates between the supports aligned at 92.91 (October 14th lows), 92.49 (October 12th lows) ahead of 92.16 (October 8th highs) and the resistances set at 93.22 (October 15th lows), 93.65 (October 16th lows) followed by 94 (October 28th highs). According to the FXstreet.com trend index the pair is slightly bearish on one-hour timeframe analysis below the EMA20.

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