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Forex pairs in this Article » USD/JPY
FXStreet (Moscow) - AUD/JPY came close to the resistance area of 92.75/80, but failed to move through the thick layer of offers and retraced to the current Asian lows at 92.42. Now the cross is consolidating close to the opening levels at 92.50

AUD/JPY is risk sensitive

Monday was not that dull for AUD/JPY after all as the cross finished the first trading day of the week 60 pips higher at 92.63 on the back of AUD upside run across the board. Emerging market crisis has eased and improved risk sentiments. which. in turn, helped the Aussie to restore positions. Today the cross will to consolidate yesterday’s gains as traders are unlikely to push it much higher before the Australian capes data to be published on Thursday. Though watch closely the data from China and the situation on the emerging markets. as new wave of anti-risk sentiment might bush the cross lower both due to Aussie selling and JPY buying. The closest support comes at 92.40 and followed by 92.20, whole the resistance is seen at 92.60. If broken, the cross may go higher to 92.80.

What are today’s key AUD/JPY levels?

Today's central pivot point can be found at 92.30, with support below at 91.82, 91.06 and 90.58, with resistance above at 93.06, 93.54 and 94.30. Hourly Moving Averages are mostly bullish, with the 200SMA at 92.05 and the daily 20EMA at 91.80. Hourly RSI is neutral at 57.
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