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AUD/JPY Price Analysis: Aussie is challenging the 2020 highs vs. Japanese yen

  • AUD/JPY is pressuring levels not seen since early January 2020.
  • The level to beat for bulls is the 75.90 resistance.
 

AUD/JPY four-hour chart

 
AUD/JPY keeps pressuring the 75.90 resistance while challenging the 2020 highs. As bulls stay firmly in charge the quote will be looking for extra gains especially on a break beyond the 75.90 resistance en route towards the 76.55 and 77.30 price levels. On the flip side of the coin, support can emerge near the 74.27, 73.72 and 72.67 price levels. 
 

Additional key levels

 

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