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Thomson Reuters
Jun 04 - 09:48 PM
AUD/USD - AUD/JPY Extends Offshore Gains Early - Risk 'on'
First appeared on eFXplus on Jun 04 - 07:30 PM
  • AUD led USD lower yesterday, closing +1.05%, while AUD/JPY jumped 1.35%
  • Friday's strong US jobs reverberated, trumping EZ politics & trade war fears
  • AUD/JPY trades +0.2% into Tokyo open - RBA should not surprise
  • Three day AUD/JPY bounce brings 84.50 March/May double top into view
  • Contracting Tenkan & Kijun lines, tight cloud do not suggest a trending move
  • NY 83.68 low then 83.44 London base initial support - risk pivotal for cross

auj jun 5 Click here

Source:
Thomson Reuters IFR Markets

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