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AUD/JPY in recovery mode

Pair has bounced over 100 pips from fresh 2015 low around 89.20 Asia ex-Japan equity markets have also bounced from lows Air of panic in Asia has dissipated due to recovery in Shanghai Composite index Resistance at yeste…

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  • Pair has bounced over 100 pips from fresh 2015 low around 89.20

  • Asia ex-Japan equity markets have also bounced from lows

  • Air of panic in Asia has dissipated due to recovery in Shanghai Composite index

  • Resistance at yesterday's 91.40 high as break ends 5-day run of lower highs

 

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Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560