22 Nov 2013
AUD/JPY soars to 93.56
FXstreet.com (Chicago) - AUD/JPY consolidates a reversal taking into advantage the yen’s weakening after the BoJ’s Kuroda comments and ahead of Tokyo’s opening.
AUD/JPY Technical Levels
Price action reveals the pair consolidates a reversal after visiting weekly lows earlier on Thursday. Minutes away from Tokyo’s opening, the Aussie seems to get stronger but remains around the 50% Fibonacci level (92.29/94.59). Offered at 93.48, the pair oscillates between the supports aligned at 93 (November 11th highs), 92.64 (November 11th lows) followed by 92.29 (November 13th lows) and the resistances set at 93.73 (November 14th highs), 94.15 (November 17th highs) ahead of 94.59 (November 19th highs).
AUD/JPY Technical Levels
Price action reveals the pair consolidates a reversal after visiting weekly lows earlier on Thursday. Minutes away from Tokyo’s opening, the Aussie seems to get stronger but remains around the 50% Fibonacci level (92.29/94.59). Offered at 93.48, the pair oscillates between the supports aligned at 93 (November 11th highs), 92.64 (November 11th lows) followed by 92.29 (November 13th lows) and the resistances set at 93.73 (November 14th highs), 94.15 (November 17th highs) ahead of 94.59 (November 19th highs).