Thursday, October 15, 2026

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FxWirePro: AUD/JPY breaks major support at 76.80, scope for test of 76 levels

AUD/JPY slips below 20-DMA at 77.30 on Monday's trade, intraday bias lower. Techs are bearish, we see scope for test of trendline support at 76. Major support levels - 76.50 (Aug 2, 3 low), 76.41 (Sept 12 low), 76.06 (Au…

By FxWirePro Team
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FxWirePro: AUD/JPY breaks major support at 76.80, scope for test of 76 levels
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  • AUD/JPY slips below 20-DMA at 77.30 on Monday's trade, intraday bias lower.
     
  • Techs are bearish, we see scope for test of trendline support at 76.
     
  • Major support levels - 76.50 (Aug 2, 3 low), 76.41 (Sept 12 low), 76.06 (Aug 19 low).
     
  • Major resistance levels - 77, 77.26 (20-DMA), 77.35 (23.6% Fib).
    ​

​Recommendation: Good to sell rallies around 76.75, SL: 77.25, TP: 76.50/ 76

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By FxWirePro Team