Free Trial

AUDJPY at a fresh 17yrs high, USDJPY tests next resistance

JPY
  • A slow but a continuous push higher in AUDJPY, a fresh 17yr high .
  • Since it has broken the 2013 high today, next stop would see 106.00, but more interesting in the chart is 107.873, the 2017 high, which was also the highest printed level since 1991.
  • The price action is USDJPY led, now also testing that 158.44 level, this was the late Friday spike seen on the Friday 26th April before the MoF intervened the following Monday.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.