3 Jun 2020
AUD/JPY Price Analysis: Aussie pressuring 4-month highs vs. Japanese yen
- AUD/JPY is pressuring levels not seen since late January 2020.
- The level to beat for buyers is the 75.90 resistance.
AUD/JPY four-hour chart
AUD/JPY is nearing the 75.90 resistance while pressuring 4-month highs. As buyers remain in charge the spot can be set to extend higher especially on a move beyond the 75.90 resistance en route towards the 76.55 and 77.30 levels. On the flip side, support can be seen near the 74.27, 73.72 and 72.67 price levels.
Additional key levels