AUD/JPY retreats after hitting a five-month high of 97.59, though it slid toward the 96.80 area after hitting a three-day low of 96.40 late in Tuesday's session.
AUD/JPY corrects from recent highs, trading down by 0.52% at 96.80, after the RBA's decision to increase interest rates. The pair’s immediate support is near the 96.00 level, with subsequent levels at 95.92 , 95.61 , 95.30 , and 95.00 . To reverse the bearish outlook, bulls must push the pair back above the 97.00 threshold, aiming for the recent high at 97.59 and the YTD peak at 97.67.
A breach of the latter will expose the Senkou-Span A at 95.61, followed by the Kijun-Sen at 95.30, and the top of the Ichimoku Cloud at 95.00. For a bullish resumption, AUD/JPY buyers must reclaim the 97.00 figure, followed by Tuesday’s high at 97.59, followed by the year-to-date high at 97.67. AUD/JPY Price Chary – Daily AUD/JPY Technical Levels AUD/JPY Overview Today last price 96.82 Today Daily Change -0.51 Today Daily Change % -0.52 Today daily open 97.33 Trends Daily SMA20 95.
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