The AUD/JPY pair extends break of month-long ascending support-line by trading around 77.85 on early Friday. Next on sellers’ radar is the 77.05-77.00 horizontal-support that includes lows of January 07 and 10. Should oversold levels of 14-bar relative strength index (RSI) fails to trigger the U-turn from 77.00, then 76.00, 75.20 and 73.95 are likely consecutive supports to grab market attention. Meanwhile, early month lows near 78.70 may restrict the pair’s immediate upside, breaking which highlights the month’s high of 79.85. During the pair’s successful rise above 79.85, the 80.65-70 region, comprising early December lows, seems crucial to watch for resistance. AUD/JPY 4-Hour chart 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 UK PM Theresa May has approached Labour MPs for support – The Sun FX Street 4 years The AUD/JPY pair extends break of month-long ascending support-line by trading around 77.85 on early Friday. Next on sellers' radar is the 77.05-77.00 horizontal-support that includes lows of January 07 and 10. Should oversold levels of 14-bar relative strength index (RSI) fails to trigger the U-turn from 77.00, then 76.00, 75.20 and 73.95 are likely consecutive supports to grab market attention. Meanwhile, early month lows near 78.70 may restrict the pair's immediate upside, breaking which highlights the month's high of 79.85. During the pair's successful rise above 79.85, the 80.65-70 region, comprising early December lows, seems crucial to watch for… 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.
