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3 Oct 2013
AUD/JPY hits wall at 91.50 below EMA20
FXstreet.com (Chicago) - AUD/JPY remains capped below the 91.50 zone shortly after Wall Street’s closing and ahead the BoJ interest rate decision expected at 3 GMT.
AUD/JPY Technical Levels
Technically speaking, the pair is offered at 91.41 and oscillates between supports aligned at 91.08 (July 10th lows), 89.66 (August 13th highs) ahead of 87.29 (July 31st lows) and resistances set at 92.21 (July 2nd highs), 93.79 (June 10th highs) followed by 95.00 (February 1st lows). With primary and secondary trends pointing up, the pair exhausts bullish rally after fall to 90.92 session lows and extends trading range after Wall Street’s closing bell.
AUD/JPY Technical Levels
Technically speaking, the pair is offered at 91.41 and oscillates between supports aligned at 91.08 (July 10th lows), 89.66 (August 13th highs) ahead of 87.29 (July 31st lows) and resistances set at 92.21 (July 2nd highs), 93.79 (June 10th highs) followed by 95.00 (February 1st lows). With primary and secondary trends pointing up, the pair exhausts bullish rally after fall to 90.92 session lows and extends trading range after Wall Street’s closing bell.