AUD/JPY battles 21-month peak following its upside break of two-month-old trend line resistance. Overbought RSI, multi-month high probes the bulls targeting December 2018 levels. Having recently ticked up to 80.68, AUD/JPY wavers around the highest since April 2019, currently near 80.62, during the initial Asian trading on Friday. The pair marked a three-day uptrend while keeping the upside break of an ascending trend line from early November the previous day. However, overbought RSI and the key resistance probe bulls by the time of writing. Despite the latest pause in AUD/JPY upside, bullish MACD and a sustained break of the previous key resistance line keeps the buyers directed towards the multi-month peak of 80.72 ahead of confronting a resistance line stretched from June 2020 peak, at 81.08 now. While the 80.00 round-figure adds to the upside filters, the late November 2018 low near 81.20 and the December peak of that year, close to 82.20, will lure the AUD/JPY optimists afterward. Alternatively, the previous resistance, at 80.20 now, precedes the 80.00 psychological magnet to challenge the short-term AUD/JPY sellers. Also acting as the key downside supports are December 17 top near 79.80 and another upward sloping support line from November 02 near 79.15. Overall, the AUD/JPY remains on the uptrend unless witnessing the immediate support lines. AUD/JPY daily chart Trend: Bullish 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 Fed’s Bostic says bank might taper asset purchase programme sooner than expected – Fox FX Street 2 years AUD/JPY battles 21-month peak following its upside break of two-month-old trend line resistance. Overbought RSI, multi-month high probes the bulls targeting December 2018 levels. Having recently ticked up to 80.68, AUD/JPY wavers around the highest since April 2019, currently near 80.62, during the initial Asian trading on Friday. The pair marked a three-day uptrend while keeping the upside break of an ascending trend line from early November the previous day. However, overbought RSI and the key resistance probe bulls by the time of writing. Despite the latest pause in AUD/JPY upside, bullish MACD and a sustained break of the previous… 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.