FxWirePro: AUD/JPY supported above the 92.00 handle
Monday, August 10, 2015 5:18 AM UTC
- AUD/JPY consolidating above 92.00 handle, 92.43 could cap gains
- The pair rallied from 90.40 territory after RBA tweaked language around the price of the Aussie
- AUD/JPY is currently trading at 92.01, day's range 92.18/91.88
- Momentum is bearish, daily price action remains below the cloud
- Immediate resistance is seen at 92.43 ahead of 92.56 (55 EMA), and supports on the flip-side lie at 91.57 and then 91.08 (Daily Tenkan-sen)
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