The AUD/JPY cross extends its losing streak for the fifth consecutive day, trading around 98.40 during the European hours on Wednesday.
AUD/JPY continues its losing streak due to a strengthening bearish bias. A corrective rebound could be indicated if the 14-day RSI breaks below the 30 level. The currency cross may navigate the region around its four-month low of 93.59. The 14-day Relative Strength Index is currently above 30, indicating a bearish market trend. If the RSI drops below 30, it would signal an oversold condition, potentially leading to a corrective rebound.
92 level, followed by the 50-day EMA at 100.09 level. A break above these levels could weaken the bearish bias, potentially pushing the currency cross toward the four-month high of 102.41, reached on November 7. AUD/JPY: Daily Chart Australian Dollar PRICE Today The table below shows the percentage change of Australian Dollar against listed major currencies today. Australian Dollar was the weakest against the New Zealand Dollar. USD EUR GBP JPY CAD AUD NZD CHF USD -0.33% -0.31% -0.88% -0.07% -0.
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