AUD/JPY Asia Price Forecast: Aussie surges to 4-month highs vs. Japanese yen

AUD/JPY is trading at levels last seen in late January 2020.
The level to beat for bulls is the 75.00 resistance.

AUD/JPY four-hour chart

AUD/JPY is nearing the 75.00 resistance while trading in 4-month highs. As bulls remain firmly in charge the market can be set to advance further especially on a break above the 75.00 resistance en route towards the 75.90 and 76.55 levels. On the other hand, support can be seen near the 74.00, 72.90 and 72.50 price levels.

Additional key levels

Jun 2, 2020

Forex Today: Market players keep getting rid of the greenback

What you need to know on Wednesday, May 3rd: The market continued to sell the greenback amid escalating civil unrest in the US. Riots and looting have

Wall Street Close: Investors keep the bid alive despite riots

The US benchmarks have continued higher despite the riots in the country and prospects of a break down in US and Chinese relations. Instead, optimism