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Thomson Reuters
Apr 01 - 12:12 AM
AUD/JPY - Well Bid Ahead Of Stiff Resistance
First appeared on eFXplus on Mar 31 - 09:50 PM
  • AUD/JPY heading towards upper end of recent range and key 100-day MA
  • Risk assets higher in Asia after strong Wall Street and better China PMI
  • China concerns abating on hopes of US/China trade deal and improving data
  • AUD/JPY up 0.55% and within sight of the 100-day MA around 0.7040
  • More resistance at a series of tops between 79.75/85 and 200-day MA at 80.30

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