AUD/JPY limited below 95.00

FXStreet (Córdoba) - AUD/JPY is trading sideways on Monday hovering 95.00. The pair reached during the American session a daily high at 95.00 but failed to break higher and pulled back. Currently trades at 94.85, slightly below the level it closed on Friday, on a quiet session.

Last week the aussie posted modest gains versus the yen but finished far from the highs. Now the pair is consolidating, moving without a clear trend.

AUD/JPY technical levels

To the downside support level could be located at 94.40 (daily low), 94.30 (May 8 low) and 94.00 (April 30 low). On the opposite direction, resistance levels might lie at 95.00 (daily high), 95.30 (May 8 high) and 95.60.