12 Nov 2013
AUD/JPY targets 93 front
FXstreet.com (Chicago) - AUD/JPY extends the sideways movement staying within the same boundaries of oscillation from a few hours ago.
Australian data was mixed with NBA results evidencing a still weak business confidence environment. In Japan, the Nikkei is 1.34% stronger.
AUD/JPY Technical Levels
Hourly charts evidence a corrective movement with slight advancements as the pair attempts to reach the 93 front. Offered at 92.94, the pair oscillates between the supports aligned at 92.71 (October 31st lows), 92.31 (October 2nd highs) followed by 92 (October 4th highs) and the resistances set at 93.58 (October 30th highs), 94.13 (November 6th highs) ahead of 94.69 (October 21st lows).
Australian data was mixed with NBA results evidencing a still weak business confidence environment. In Japan, the Nikkei is 1.34% stronger.
AUD/JPY Technical Levels
Hourly charts evidence a corrective movement with slight advancements as the pair attempts to reach the 93 front. Offered at 92.94, the pair oscillates between the supports aligned at 92.71 (October 31st lows), 92.31 (October 2nd highs) followed by 92 (October 4th highs) and the resistances set at 93.58 (October 30th highs), 94.13 (November 6th highs) ahead of 94.69 (October 21st lows).