AUD/JPY extends its losses for two straight days as Thursday’s Asian session begins, with the pair exchanging hands at around 94.94. On Wednesday, ris
Rising geopolitical tensions in the Middle East contribute to risk aversion, weighing on the Aussie Dollar. The AUD/JPY formed a dark-cloud-cover chart pattern indicating potential bearish momentum. Immediate support is identified at the top of the Ichimoku Cloud at 94.30, followed by the psychological level of 94.00. k aversion dented demand for Aussie Dollars amid growing tensions in the Middle East conflict, as the cross-pair printed losses of 0.36%.
Once those two levels are cleared, the cross-pair next support emerges at the October 3 swing low of 93.01, before dropping towards the July 28 swing low of 91.97. On the flip side, AUD/JPY buyers must reclaim the 95.00 mark, if they would like to challenge the September 29 swing high of 96.92, before challenging the year-to-date high of 97.67. AUD/JPY Price Action – Daily chart AUD/JPY Key Technical Levels AUD/JPY Overview Today last price 94.95 Today Daily Change -0.41 Today Daily Change % -0.
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