6 Mar 2015
AUD/JPY: Steady below key short term resistance
FXStreet (Guatemala) - AUD/JPY is currently trading at 93.47 with a high of 93.52 and a low of 93.42.
AUD/JPY is steady below the pivot. It is a quiet day ahead in Asia, with as little as the AiG Performance of Construction Index (Feb) numbers for Australia that didn't bring any noise as a result and we remain within a 10 pip range. US Nonfarm Payrolls are expected in the US shift and until then, 93.55 contains the cross to the upside for now while Central Bank expectations continue to be the theme. Technically, 91.59 lows in mid Feb comes as key support on the downside while to the upside a push towards 94.40 resistance could allow for more retracement towards 96/97.
AUD/JPY is steady below the pivot. It is a quiet day ahead in Asia, with as little as the AiG Performance of Construction Index (Feb) numbers for Australia that didn't bring any noise as a result and we remain within a 10 pip range. US Nonfarm Payrolls are expected in the US shift and until then, 93.55 contains the cross to the upside for now while Central Bank expectations continue to be the theme. Technically, 91.59 lows in mid Feb comes as key support on the downside while to the upside a push towards 94.40 resistance could allow for more retracement towards 96/97.