2 Oct 2014
AUD/JPY rallies but not enough sub key 95.80
FXStreet (Barcelona) - AUD/JPY is trading at 95.57, up 0.42% on the day, having posted a daily high at 95.66 and low at 95.01.
Post the data releases from Australia, including the building permits that read 3.0% beating 1.0% expected and trade numbers with the trade deficit dropping to 795 million vs 1.395 billion previous, the hourly FXStreet OB/OS Index is showing neutral conditions still in the pair, alongside the FXStreet Trend Index which is slightly bearish with only a 30 pip rally on the data without entering critical resistance at 95.80.
AUD/JPY noteworthy levels
Current price is 95.57, with resistance ahead at 95.66 95.73 (Daily Classic R1), key 95.84 (Daily 100 SMA) and 95.97. Next support to the downside can be found at 95.39 (Hourly 20 EMA) and 95.15.
Post the data releases from Australia, including the building permits that read 3.0% beating 1.0% expected and trade numbers with the trade deficit dropping to 795 million vs 1.395 billion previous, the hourly FXStreet OB/OS Index is showing neutral conditions still in the pair, alongside the FXStreet Trend Index which is slightly bearish with only a 30 pip rally on the data without entering critical resistance at 95.80.
AUD/JPY noteworthy levels
Current price is 95.57, with resistance ahead at 95.66 95.73 (Daily Classic R1), key 95.84 (Daily 100 SMA) and 95.97. Next support to the downside can be found at 95.39 (Hourly 20 EMA) and 95.15.