29 Jul 2013
AUD/JPY testing the 91.00 level ahead of Kuroda
FXstreet.com (New York) - The AUD/JPY technical cross has moved higher to the 91.00 region Monday, reinvigorated ahead of the Kuroda speech later today.
AUD/JPY event risk
The AUD/JPY will face its first impetus later today during Asian trading, with the Kuroda speech impacting the short-term prospects of the pair. In addition, Japan is slated to release a trickle of economic data, including several Retail Trade statistics.
AUD/JPY technical bias
In light of the recent jump, the AUD/JPY is presently trading in the area of 91.00, now up +0.24% Monday (recently peaking at the 91.06 level). Briefing the technical levels, resistive means will now trigger at 91.06 (50-day SMA/session high), followed by 91.26 (July 10 low), and 91.44 (July 17 low).
AUD/JPY event risk
The AUD/JPY will face its first impetus later today during Asian trading, with the Kuroda speech impacting the short-term prospects of the pair. In addition, Japan is slated to release a trickle of economic data, including several Retail Trade statistics.
AUD/JPY technical bias
In light of the recent jump, the AUD/JPY is presently trading in the area of 91.00, now up +0.24% Monday (recently peaking at the 91.06 level). Briefing the technical levels, resistive means will now trigger at 91.06 (50-day SMA/session high), followed by 91.26 (July 10 low), and 91.44 (July 17 low).