Aussie is stepping higher in early Friday action. China Trade Balance figures to set the AUD’s tone to finish off the week. The AUD/JPY is bounding higher in Friday’s Asia trading session, marking in a new one-month high at 83.50 as the Japanese Yen recedes across the broader markets. The Japanese Yen is stepping lower as traders opt to scoop up other assets, and the move is extending the Aussie’s pick up against the JPY that began earlier in the week. Friday brings China Trade Balance figures, and with the rising US-China trade tensions, traders will be giving extra focus to the release, which is expected after 02:00 GMT. The Aussie will be exposed to excess volatility on the figures, and could see a derailment of the current bull trend if China trade numbers miss expectations. AUD/JPY levels to watch Current support is resting at the last swing high of 83.15, with the mid-week’s swing low near the 82.00 handle, while resistance levels are marked out at June’s sequential swing highs of 84.15 and 84.50. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next PBOC set the Yuan reference rate at 6.6727 FX Street 5 years Aussie is stepping higher in early Friday action. China Trade Balance figures to set the AUD's tone to finish off the week. The AUD/JPY is bounding higher in Friday's Asia trading session, marking in a new one-month high at 83.50 as the Japanese Yen recedes across the broader markets. The Japanese Yen is stepping lower as traders opt to scoop up other assets, and the move is extending the Aussie's pick up against the JPY that began earlier in the week. Friday brings China Trade Balance figures, and with the rising US-China trade tensions, traders will be giving extra focus… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
