By Haruya Ida — Feb 25 - 09:08 PM
• AUD/JPY off hard yesterday, to 93.98 on overall risk-off mood
• Asia so far today 94.20-70, heavy at high, good offers eyed, off since
• Support around 94.00 but decisive break projects tests even lower
• Levels to watch include 93.84 Sept 16 low, 93.57 Sept 11, 93.38 Aug 6 '24
• Break below latter project possible test of 90.11 spike low Aug 5
• Large option expiries below to support? A$510 mln today at 93.50 strike
• Related , for more click on [FXBUZ]
AUD/JPY hourly:
(Haruya Ida is a Reuters market analyst. The views expressed are his own)
Source:
London Stock Exchange Group | Thomson Reuters