Daily analysis
AUDJPY opened the week at 85.98 and touched a low of 85.47. It was all uphill for the pair, which hit a high of 85.14, putting strong pressure on resistance at 85.98, AUDJPY closed the week at 85.65. With the pair posting sharp gains last week, we begin with a top level at the round number of 85.74. The round number of 85.65 was a swing low and remains of importance. 85.75 was the high and a key resistance line. 85.96, which was a swing low, has switched to resistance. It is a wea…
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