11 Jul 2013
AUD/JPY hovering around the 91.50 level
FXstreet.com (Barcelona) - The AUD/JPY foreign exchange cross rate is last trading at 91.58, unchanged from previous FOMC Meeting minutes moments, despite the huge volatility seen in USD pairs following the announcement, including FED Bernanke's comments.
AUD/JPY unchanged despite rising volatility
With much better than expected core machinery orders in Japan being published few minutes ago, and Nikkei index opening lower by -0.73% still above the 14300 points, the AUD/JPY cross is last at 91.65, off recent session highs at 92.09. Upcoming Australian unemployment change data at 01:30 GMT will be next key risk event of the session for the Aussie.
AUD/JPY key technical levels
Immediate resistance to the upside for AUD/JPY shows at Tuesday's lows 91.74, followed by recent session highs at 92.08, and last Friday's highs at July 05 highs 92.29. To the downside, closest support lies at Monday's lows 91.37, followed by recent session/weekly lows at 91.03, and June 30 lows at 90.40.
AUD/JPY unchanged despite rising volatility
With much better than expected core machinery orders in Japan being published few minutes ago, and Nikkei index opening lower by -0.73% still above the 14300 points, the AUD/JPY cross is last at 91.65, off recent session highs at 92.09. Upcoming Australian unemployment change data at 01:30 GMT will be next key risk event of the session for the Aussie.
AUD/JPY key technical levels
Immediate resistance to the upside for AUD/JPY shows at Tuesday's lows 91.74, followed by recent session highs at 92.08, and last Friday's highs at July 05 highs 92.29. To the downside, closest support lies at Monday's lows 91.37, followed by recent session/weekly lows at 91.03, and June 30 lows at 90.40.