Daily Market Updates: AUD/JPY Price Forecast: Strengthens above 110.50, while BoJ hike bets cap gains below 100-day SMA

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AUD/JPY Price Forecast: Strengthens above 110.50, while BoJ hike bets cap gains below 100-day SMA

Reported · Written up by our desk · Major Pairs

The AUD/JPY cross trades in positive territory around 110.90 during the early European trading hours on Wednesday. However, the potential upside for the cross might be limited amid hawkish comments from Japanese authorities.

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Sources

FXStreetAUD/JPY Price Forecast: Strengthens above 110.50, while BoJ hike bets cap gains below 100-day SMA

Forex

AUD/JPY Price Forecast: Strengthens above 110.50, while BoJ hike bets cap gains below 100-day SMA

More like this

Sources

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