Search ForexCrunch
  • AUD/JPY trades little changed near 78.20 during early Monday.
  • The pair recently bounced off the two-month-old support line stretched since early January, at 77.70 now.
  • However, it still needs to surpass the 50-day simple moving average (SMA) level of 78.40 to aim for 61.8% Fibonacci retracement of December – January downturn around 79.00.
  • Should prices rally past-79.00, 100-day SMA level of 79.80 and 80.00 may flash on buyers’ radar to target.
  • Alternatively, a downside break of 77.70 can quickly fetch the quote to 50% Fibonacci level of 77.35 and then to 77.00 nearby supports.
  • During the pair’s additional weakness under 77.00, 76.00 and 75.20 become crucial to watch.

AUD/JPY daily chart

Additional important levels:

Overview:
       Today Last Price:  78.14
       Today Daily change:  -15  pips
       Today Daily change %:  -0.19%
       Today Daily Open:  78.29
Trends:
       Daily SMA20:  78.88
       Daily SMA50:  78.4
       Daily SMA100:  79.74
       Daily SMA200:  80.65
Levels:
       Previous Daily High:  78.42
       Previous Daily Low:  77.72
       Previous Weekly High:  79.65
       Previous Weekly Low:  77.72
       Previous Monthly High:  79.85
       Previous Monthly Low:  77.44
       Daily Fibonacci 38.2%:  78.15
       Daily Fibonacci 61.8%:  77.98
       Daily Pivot Point S1:  77.86
       Daily Pivot Point S2:  77.44
       Daily Pivot Point S3:  77.16
       Daily Pivot Point R1:  78.57
       Daily Pivot Point R2:  78.85
       Daily Pivot Point R3:  79.27