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AUD/JPY on track to revisit key support level to start the new year

The pair ran into a test of its 12 May low at 87.30 two weeks ago but the daily support held before we saw a bounce back above 90.00 in the run up to the new year. But in the past few sessions, the yen has been making some decent headway and although USD/JPY has recovered somewhat from its earlier drop, other yen pairs are not as fortunate today.

AUD/JPY in particular is a peculiar one as the drop comes as equities... Read More

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Posted: Jan 3 2023, 09:21

Author Name: forexlive

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