SUBSCRIBE TO FEEDFXstreet.com (Barcelona) – The AUD/JPY dropped nearly 40 pips from its session high above 78.20 in the early hours of the Asian session, brought lower on an appreciating yen and overall lower market sentiment. The pair however has most recently made movement once again to the upside, erasing those early losses and trading near even on the day.
Currently the AUD/JPY quotes at 78.16 where it continues to show bullish momentum. Immediate resistance to the upside is placed at 78.26 and later 78.46. Below, immediate support is listed at 78.07 and later 77.95.
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