The Aussie Dollar extends its losses against the Japanese Yen for the second straight day, following an intervention by the Bank of Japan (BoJ) on Monday, which kept the pair seesawing in the 101.37/104.95 range.
AUD/JPY declines 0.77% amid reactions to recent Bank of Japan interventions. Key support levels are at 101.35 and the April 25 low of 100.77, ahead of 100.00. Should the pair climb above 102.00, it might aim to retest resistance at 102.84 and potentially push towards the year-to-date high of 104.95. The Aussie Dollar extends its losses against the Japanese Yen for the second straight day, following an intervention by the Bank of Japan on Monday, which kept the pair seesawing in the 101.37/104.
00 threshold, followed by the April 22 low at 99.05. On the other hand, the uptrend might resume if buyers hold the AUD/JPY exchange rate above 102.00. The first resistance would be the 2014 high at 102.84, followed by the 103.00 mark. Once cleared, the next stop would be the year-to-date high at 104.95. AUD/JPY Price Action – Daily Chart AUD/JPY Overview Today last price 102.17 Today Daily Change -0.50 Today Daily Change % -0.49 Today daily open 102.67 Trends Daily SMA20 100.14 Daily SMA50 99.
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