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AUD/JPY rises above 95.00

FXStreet (Córdoba) - AUD/JPY rebounded sharply and broke above 95.00, reaching levels not seen in two weeks, extending weekly gains.

During the Asian session the pair dropped to 94.10 and the bounced to the upside. On European hours climbed slightly above previous highs and after Wall Street opening broke above 95.00 and climbed to 95.27, strongest level since October 9.

The aussie is having the best week since August and has risen over a hundred pips during the last five trading days, recovering future after falling last week to 91.73, 7-month low.

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