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Apr 14 - 11:55 PM

AUD/JPY - Recently More Buoyant But Still Seen Heavy 91+

By Haruya Ida  —  Apr 14 - 09:39 PM

• AUD/JPY recently more buoyant and trading near recent highs

• Asia 90.31-87 so far today but market still seen heavy above 91.00

• Multiple tries above seen but roundly rejected, 91.32 high Apr 9 cap?

• Despite the improved risk mood, US tariffs still a major concern

• Base in place now however just ahead of 86.00, double bottom Apr 7/9

• Support today from 90.56 hourly Ichimoku tenkan, kijun 90.22 below

• Hourly Ichimoku cloud 89.72-90.12, 200/100-HMAs 89.63/55 below

• Related , , also
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

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