AUD/JPY pushing on and breaking channel resistance

FXStreet (Guatemala) - AUD/JPY is trading at 95.90, up 0.21% on the day, having posted a daily high at 95.96 and low at 95.66.

AUD/JPY has been climbing on an ascending channel in a continuation of last weeks business and has posted new highs ahead of key events that will come from Australia this week in the form of CPI. Meanwhile, AUD/JPY spot is in neutral territory according to the hourly FXStreet OB/OS Index, while the FXStreet Trend Index is slightly bullish. RSI is in neutral territory at 73.34, up from it’s last hourly close at 65.64, while ADX is ranging above 30 at 21.31, up from 20.23 at the last hourly close.

AUD/JPY Levels

Current price is 95.90, with resistance ahead at 95.96 (Daily High), 95.96 (Daily Classic R3), 95.98 (Weekly High), 96.07 (Monthly High) and 96.07 (YTD High). Next support to the downside can be found at 95.88 (Yesterday's High), 95.83 (Daily Classic R2), 95.73 (Hourly 20 EMA), 95.71 (Daily Open) and 95.70 (Daily Classic R1).