AUD/JPY Asia Price Forecast: Aussie surges to 4-month highs vs. Japanese yen

  • AUD/JPY is trading at levels last seen in late January 2020.
  • The level to beat for bulls is the 75.00 resistance.

AUD/JPY four-hour chart

AUD/JPY is nearing the 75.00 resistance while trading in 4-month highs. As bulls remain firmly in charge the market can be set to advance further especially on a break above the 75.00 resistance en route towards the 75.90 and 76.55 levels. On the other hand, support can be seen near the 74.00, 72.90 and 72.50 price levels. 

Additional key levels

Posted in FX