AUD/JPY is on rounds near 79.20 close to European open on Thursday. The pair is gradually recovering since February 08 but is still trading beneath the 79.80-85 horizontal-resistance that confined its upside during Feb 05 and 21. As a result, the pair needs to surpass 79.85 barrier in order to justify its strength toward targeting 61.8% Fibonacci expansion (FE) of its early January to February moves, near 81.00. Though, 79.55 may offer immediate stop during the pair’s upside. On the downside, an upward sloping trend-line portraying the pair’s recent recovery, at 78.65, can limit the pair’s near-term declines, a break of which can drag it to 78.30 and 78.00 rest-points. It should also be noted that the pair’s downturn past-78.00 may avail 77.40 and 77.00 as follow-on supports. AUD/JPY 4-Hour chart Additional important levels: Overview: Today Last Price: 79.24 Today Daily change: 1 pips Today Daily change %: 0.01% Today Daily Open: 79.23 Trends: Daily SMA20: 78.87 Daily SMA50: 78.31 Daily SMA100: 79.82 Daily SMA200: 80.78 Levels: Previous Daily High: 79.57 Previous Daily Low: 78.94 Previous Weekly High: 79.82 Previous Weekly Low: 78.33 Previous Monthly High: 79.4 Previous Monthly Low: 70.71 Daily Fibonacci 38.2%: 79.18 Daily Fibonacci 61.8%: 79.33 Daily Pivot Point S1: 78.92 Daily Pivot Point S2: 78.61 Daily Pivot Point S3: 78.29 Daily Pivot Point R1: 79.55 Daily Pivot Point R2: 79.88 Daily Pivot Point R3: 80.19 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 Election uncertainty to keep Indian equities on edge – Reuters poll FX Street 4 years AUD/JPY is on rounds near 79.20 close to European open on Thursday. The pair is gradually recovering since February 08 but is still trading beneath the 79.80-85 horizontal-resistance that confined its upside during Feb 05 and 21. As a result, the pair needs to surpass 79.85 barrier in order to justify its strength toward targeting 61.8% Fibonacci expansion (FE) of its early January to February moves, near 81.00. Though, 79.55 may offer immediate stop during the pair's upside. On the downside, an upward sloping trend-line portraying the pair's recent recovery, at 78.65, can limit the pair's near-term declines, a break… 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.
