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AUD/JPY best day in a month

FXStreet (Córdoba) - The aussie is rising almost a hundred pips against the yen on Thursday, having the best day in a month. AUD/JPY printed a fresh daily high at 94.91 during the American session and currently trades at 94.85/90, up 0.88% from today’s opening price.

The Japanese currency is among the worst performers across the board and pushed the AUD/JPY to the upside. While AUD/USD remains flat trading around 0.8755, USD/JPY jumped to 108.30, to trade at levels last seen in October 8.

AUD/JPY technical levels

To the upside, the immediate resistance might lie between daily highs and 95.00; above here the next one might be located at 95.60, followed by 95.85 (Oct 9 high).

To the downside, 94.20/30 is now a support level to consider; the area capped the upside several times during the previous days but it was broken today. The next support might lie at 93.50 (weekly low).

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