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Home›Forex›Major Pairs›Yen Rallies as Asian Stocks Tumble, AUD/JPY Rejected a…

Yen Rallies as Asian Stocks Tumble, AUD/JPY Rejected at Key Resistance

Reported · Written up by our desk · Major Pairs

Yen is the top-performing major currency as Asian tech and semiconductor stocks sell off sharply and China stimulus hopes fade. AUD/JPY has been rejected at the 111.04–111.19 resistance zone and broken below 110.37 support, suggesting its rebound from 108.62 may already be over, while USD/JPY's 156.36 level holds the key to a broader bearish reversal. The post Yen Rallies as Asian Stocks Tumble, AUD/JPY Rejected at Key Resistance appeared first on ActionForex .

Latest closeUSD/JPY 158.10 ▼0.3%

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Action ForexYen Rallies as Asian Stocks Tumble, AUD/JPY Rejected at Key Resistance

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