The immediate support level for the AUDJPY pair is at 93.52, which corresponds to the highest price reached on June 7th.
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- AUD/JPY immediate support is 93.52, the June 7 daily high.
The pair currently trades last at 93.8250.
The previous day high was 95.48 while the previous day low was 94.12. The daily 38.2% Fib levels comes at 94.64, expected to provide resistance. Similarly, the daily 61.8% fib level is at 94.96, expected to provide resistance.
The AUD/JPY trims some of Tuesday’s losses as the Asian session begins, though it remains below the 94.00 figure for the first second consecutive day. At the time of writing, the AUD/JPY exchanges hands at 93.83, barely unchanged.
Although the cross-currency pairs have trended lower for the last five day, as long as it stays above the Ichimoku Cloud, the AUD/JPY is upward biased. Still, price action breaching technical levels like the Tenkan Sen and Kijun Sen lines suggests buyers are losing momentum.
The AUD/JPY immediate support would be the June 7 daily high at 93.52, respected by price action on Tuesday. A drop below that level could extend the AUD/JPY losses toward the June 7 daily low of 92.77, but firstly, the 93.00 mark should be broken on its way down.
Conversely, if AUD/JPY reclaims the 94.00 figure, that can exacerbate a recovery toward the July 11 daily high of 94.61. Once the pair surpasses that supply zone, the 95.00 figure would be up for grabs, followed by immediate resistance at the Tenkan Sen Line at 95.15, seven pips below the Kijun Sen.
Technical Levels: Supports and Resistances
AUDJPY currently trading at 93.81 at the time of writing. Pair opened at 94.33 and is trading with a change of -0.55 % .
| Overview | Overview.1 | |
|---|---|---|
| 0 | Today last price | 93.81 |
| 1 | Today Daily Change | -0.52 |
| 2 | Today Daily Change % | -0.55 |
| 3 | Today daily open | 94.33 |
The pair is trading below its 20 Daily moving average @ 96.02, above its 50 Daily moving average @ 93.38 , above its 100 Daily moving average @ 91.49 and above its 200 Daily moving average @ 91.83
| Trends | Trends.1 | |
|---|---|---|
| 0 | Daily SMA20 | 96.02 |
| 1 | Daily SMA50 | 93.38 |
| 2 | Daily SMA100 | 91.49 |
| 3 | Daily SMA200 | 91.83 |
The previous day high was 95.48 while the previous day low was 94.12. The daily 38.2% Fib levels comes at 94.64, expected to provide resistance. Similarly, the daily 61.8% fib level is at 94.96, expected to provide resistance.
Note the levels of interest below:
- Pivot support is noted at 93.8, 93.28, 92.44
- Pivot resistance is noted at 95.17, 96.01, 96.53
| Levels | Levels.1 |
|---|---|
| Previous Daily High | 95.48 |
| Previous Daily Low | 94.12 |
| Previous Weekly High | 96.84 |
| Previous Weekly Low | 94.74 |
| Previous Monthly High | 97.68 |
| Previous Monthly Low | 90.30 |
| Daily Fibonacci 38.2% | 94.64 |
| Daily Fibonacci 61.8% | 94.96 |
| Daily Pivot Point S1 | 93.80 |
| Daily Pivot Point S2 | 93.28 |
| Daily Pivot Point S3 | 92.44 |
| Daily Pivot Point R1 | 95.17 |
| Daily Pivot Point R2 | 96.01 |
| Daily Pivot Point R3 | 96.53 |
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