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AUD/JPY higher helped by M&A, upside limited

Source: Thomson Reuters


  • Lead yen pairs higher helped by M&A, Yen & havens softer today despite Greek stalemate

  • Repeated Feb highs just above 0.9300 nearby, Kijun & 50% Fib key at 0.9335

  • AUD/USD above 0.7795 daily pivot point, Feb 6 & 38,2% Fibo key at 0.7877/82

  • Best case scenario is 50% of Jan-Feb slide & Kijun test at 0.7961

  • AUD dragged lower by weak commodities 

  • Market Data
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