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14 Aug 2013
AUD/JPY trading unevenly as support holds
FXstreet.com (New York) - The AUD/JPY technical cross has moved lower Wednesday morning during Asian trading, stuck in a negative consolidation thus far.
Later today at 00:30 GMT Australia is slated to release the Westpac Consumer Confidence (August), followed by Wage price indices in Q2 later in the Asian session at 01:30 GMT.
AUD/JPY technical levels
The AUD/JPY is now trading at 89.43, now incurring a fall of -0.08% off its opening. Technically speaking, the AUD/JPY remains insulated by support at 89.37 (50-day SMA), ahead of 88.95 (August 12 high), and 88.86 (200-day SMA).
Later today at 00:30 GMT Australia is slated to release the Westpac Consumer Confidence (August), followed by Wage price indices in Q2 later in the Asian session at 01:30 GMT.
AUD/JPY technical levels
The AUD/JPY is now trading at 89.43, now incurring a fall of -0.08% off its opening. Technically speaking, the AUD/JPY remains insulated by support at 89.37 (50-day SMA), ahead of 88.95 (August 12 high), and 88.86 (200-day SMA).