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AUD/JPY chart - Trading View
AUD/JPY was trading 0.21% lower on the day at 81.23 at around 10:00 GMT, outlook turning bearish.
The pair is extending weakness after upside was rejected at 200-DMA resistance. Price action is in the red for the 3rd straight session.
The Bank of Japan (BOJ) Governor Haruhiko Kuroda told the Nikkei newspaper on Wednesday, that he will continue to advocate an easy monetary policy stance even if the covid risks ease.
The Japanese yen largely muted to comments from Kuroda. Economic growth and covid concerns weigh on the investors' sentiment and keep haven assets bid.
The pair has retraced break into daily cloud and is on track to test 21-EMA at 80.71. Breach below negates any upside bias.
