AUD/JPY Price Analysis: Bearish pressure builds as pair slips below 94.00 zone
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The AUD/JPY currency pair is experiencing bearish technical pressure, trading around 93.80. Moving averages and trend indicators suggest a downward trajectory, with immediate support at 93.78 and potential further downside to 93.05. Resistance levels are clustered between 93.92 and 94.26.
March 31, 2025 | 10:45 pm
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The bearish technical signals for AUD/JPY suggest potential weakness in the Australian dollar, which could impact the Invesco CurrencyShares Australian Dollar Trust.
The bearish technical indicators in the AUD/JPY pair suggest potential weakness in the Australian dollar, which directly impacts the FXA ETF's performance.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70