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12 Aug 2014
AUD/JPY popping up through channel resistance
FXStreet (Guatemala) - AUD/JPY is trading at 94.84, up 0.20% on the day, having posted a daily high at 94.87 and low at 94.58.
We have just seen a decent and <a href="http://www.fxstreet.com/news/forex-news/article.aspx?storyid=3adced55-3092-499e-8d30-bfb8ebfbb83d">surprise set of numbers decent numbers finally from Australia in the form of both Australian business confidence and conditions for July, with the readings of 11 and 8 respectively, against 8 and 2 in June. AUD/JPY is popping up above the sideway and consolidative channel, but there has been no great shakes here so far.
AUD/JPY hourly levels
With spot trading at 94.84, we can see next resistance ahead at 94.87 (Hourly 100 SMA), 94.87 (Daily High), 94.90 (Yesterday's High) and 95.06 (Daily Classic R2). Support below can be found at 94.81 (Weekly Classic PP), 94.69 (Daily Classic PP) and 94.64 (Hourly 20 EMA).
We have just seen a decent and <a href="http://www.fxstreet.com/news/forex-news/article.aspx?storyid=3adced55-3092-499e-8d30-bfb8ebfbb83d">surprise set of numbers decent numbers finally from Australia in the form of both Australian business confidence and conditions for July, with the readings of 11 and 8 respectively, against 8 and 2 in June. AUD/JPY is popping up above the sideway and consolidative channel, but there has been no great shakes here so far.
AUD/JPY hourly levels
With spot trading at 94.84, we can see next resistance ahead at 94.87 (Hourly 100 SMA), 94.87 (Daily High), 94.90 (Yesterday's High) and 95.06 (Daily Classic R2). Support below can be found at 94.81 (Weekly Classic PP), 94.69 (Daily Classic PP) and 94.64 (Hourly 20 EMA).