By Haruya Ida — Jan 22 - 09:02 PM
• Like other JPY crosses, AUD/JPY spurted higher o/n, 97.38 to 98.33
• Upside capped again in area of descending 55-DMA today at 98.24
• Asia so far today 97.98-98.24, on hold below yesterday's high
• Tokyo seeing some budding carry interest but better returns from USD, GBP
• Support from hourly Ichimoku kijun line at 97.87, 55-HMA 97.54 below
• Base of daily Ichimoku cloud also a support, cloud 97.83-98.94
• Option expiries today 95.55-60 A$515 mln, 99.80 A$520 mln, 99.95 A$928 mln
• Also A$519 mln way up at 103.25 strike
• Related comment , also , for more click on [FXBUZ]
AUD/JPY daily:
AUD/JPY hourly:
(Haruya Ida is a Reuters market analyst. The views expressed are his own)
Source:
London Stock Exchange Group | Thomson Reuters