Thursday, October 15, 2026

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FxWirePro: AUD/JPY sees strong support at 83.07 (cloud top), further weakness only on breaks below

Our previous call (http://www.econotimes.com/FxWirePro-AUD-JPY-on-track-for-83-levels-stay-short-189331) has achieved all targets. The pair hit lows of 82.80 on Tuesday's trade and has pared losses to currently trade at …

By FxWire Pro
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FxWirePro: AUD/JPY sees strong support at 83.07 (cloud top), further weakness only on breaks below
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  • Our previous call (http://www.econotimes.com/FxWirePro-AUD-JPY-on-track-for-83-levels-stay-short-189331) has achieved all targets.
     
  • The pair hit lows of 82.80 on Tuesday's trade and has pared losses to currently trade at 83.46 levels.
     
  • Cloud top currently at 83.07 is strong support, AUD/JPY unable to close below on Tuesday's trade.
     
  • We see scope for further downside only on a decisive close below.
     
  • Immediate support and resistance are located at 83.07 (cloud top) and 83.80 (Mar 3rd highs) respectively.
     

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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

By FxWirePro Team