The AUD/JPY trades negative around 78.20 on early Friday. The pair dropped to the low of 78.08 after China registered lesser than forecast CPI YoY to 1.7% from 1.9%. With this, horizontal line connecting early week highs to late-January lows, around 78.00, becomes crucial for sellers to watch as a break of which can drag the quote to month’s low near 77.40. However, another horizontal-support adjacent to 77.00 round-figure could limit the pair’s declines past-77.40, if not then 76.00 and 75.25 may come back on the chart. Meanwhile, 78.50 and 79.00 can act as immediate resistances for the pair ahead of diverting market attention to 79.25. During the additional upside beyond 79.25, month’s high near 79.80 and 80.00 mark could become buyers’ favorites. AUD/JPY 4-hour chart  Additional important levels: Overview:     Today Last Price:  78.22     Today Daily change:  -25  pips     Today Daily change %:  -0.32%     Today Daily Open:  78.47 Trends:     Daily SMA20:  78.53     Daily SMA50:  78.69     Daily SMA100:  79.97     Daily SMA200:  80.96 Levels:     Previous Daily High:  79.25     Previous Daily Low:  78.25     Previous Weekly High:  79.85     Previous Weekly Low:  77.44     Previous Monthly High:  79.4     Previous Monthly Low:  70.71     Daily Fibonacci 38.2%:  78.63     Daily Fibonacci 61.8%:  78.87     Daily Pivot Point S1:  78.06     Daily Pivot Point S2:  77.65     Daily Pivot Point S3:  77.05     Daily Pivot Point R1:  79.06     Daily Pivot Point R2:  79.66     Daily Pivot Point R3:  80.07  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 Brent oil hits 2019 high above $65 FX Street 3 years The AUD/JPY trades negative around 78.20 on early Friday. The pair dropped to the low of 78.08 after China registered lesser than forecast CPI YoY to 1.7% from 1.9%. With this, horizontal line connecting early week highs to late-January lows, around 78.00, becomes crucial for sellers to watch as a break of which can drag the quote to month's low near 77.40. However, another horizontal-support adjacent to 77.00 round-figure could limit the pair's declines past-77.40, if not then 76.00 and 75.25 may come back on the chart. Meanwhile, 78.50 and 79.00 can act as immediate resistances for the pair ahead… 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.
