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14 May 2015
AUD/JPY: Off the charts on the bid
FXStreet (Guatemala) - AUD/JPY is currently trading at 97.10 with a high of 97.30 and a low of 96.52.
AUD/JPY has been a constant bid with the flows favouring the Aussie with the greenback on the sidelines and risk on, commodities higher and a robust support line in USD/JPY.
Among this, we have also the Toll holdings news that Japan Post will take over the company, a settlement that will ultimately be supporting the cross. AUD/JPY is technically off the charts, so to speak and into over bought territory, while testing 97.20. 95.90/00 supports the cross ahead of 94.50 and 95 the figure.
AUD/JPY has been a constant bid with the flows favouring the Aussie with the greenback on the sidelines and risk on, commodities higher and a robust support line in USD/JPY.
Among this, we have also the Toll holdings news that Japan Post will take over the company, a settlement that will ultimately be supporting the cross. AUD/JPY is technically off the charts, so to speak and into over bought territory, while testing 97.20. 95.90/00 supports the cross ahead of 94.50 and 95 the figure.