AUD/JPY Price Analysis: dropping from 94.80 with further downside on the books

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AUD/JPY Price Analysis: dropping from 94.80 with further downside on the books
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The AUD/JPY kicked off Thursday trading at 94.85 before dropping into an early low of 94.31. The Aussie (AUD) then rallied against the Japanese Yen (J

The AUD/JPY wobbled on Thursday, dipping from the open before staging a relief rally into 95.15. The Aussie is falling back once more, settling Thursday's trading session close to where it started. A bearish lean is baked into the candles heading into Asia's early market window. PY), ticking into 95.16 before seeing an intraday rejection of the 200-hour Simple Moving Average near 95.05.

The medium-term trend is firmly planted in the midrange, with prices continuing to cycle around the 50-day SMA, with the 200-day SMA buoying bids from 92.62, providing technical support for any shifts to the downside. AUD/JPY Hourly Chart AUD/JPY Daily Chart AUD/JPY Technical Levels AUD/JPY Overview Today last price 94.76 Today Daily Change -0.24 Today Daily Change % -0.25 Today daily open 95 Trends Daily SMA20 95.12 Daily SMA50 94.64 Daily SMA100 94.73 Daily SMA200 92.

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