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12 Sep 2013
AUD/JPY consolidating above 93.00 ahead of Aus jobs data
FXstreet.com (Barcelona) - The AUD/JPY foreign exchange cross rate is last trading so far flat for the current session at 93.18 as both components Aussie and Yen are stronger against the USD thus balancing one to each other.
AUD/JPY flat awaiting Aussie jobs data
Following worse than expected Japan core machinery orders at 0% vs +2.5% estimates, key risk event next is Australian jobs data at 01:30 GMT with odds in favor of a positive figure, which in some way is popping Aussie right now to fresh session highs against USD at 0.9339, while USD/JPY has dipped to session lows at 99.73. The AUD/JPY cross is up +2.37% for the week thus far, while -5.95% in last 6 months, and +4.48% year to date.
AUD/JPY key technical levels
Immediate resistance to the upside for AUD/JPY shows at recent session highs at 93.33, followed by yesterday's fresh 3-month highs at 93.57, and June 10 highs at 93.80. To the downside, closest support lies at NY session/Wednesday's lows at 92.90, followed by Monday's highs at 92.09, and Friday's highs 91.70.
AUD/JPY flat awaiting Aussie jobs data
Following worse than expected Japan core machinery orders at 0% vs +2.5% estimates, key risk event next is Australian jobs data at 01:30 GMT with odds in favor of a positive figure, which in some way is popping Aussie right now to fresh session highs against USD at 0.9339, while USD/JPY has dipped to session lows at 99.73. The AUD/JPY cross is up +2.37% for the week thus far, while -5.95% in last 6 months, and +4.48% year to date.
AUD/JPY key technical levels
Immediate resistance to the upside for AUD/JPY shows at recent session highs at 93.33, followed by yesterday's fresh 3-month highs at 93.57, and June 10 highs at 93.80. To the downside, closest support lies at NY session/Wednesday's lows at 92.90, followed by Monday's highs at 92.09, and Friday's highs 91.70.