Australian Dollar Forecast: AUD/USD, AUD/CAD, AUD/JPY

AUD/JPY PRICE CHART: DAILY TIME FRAME (APRIL 2019 – FEBRUARY 2020)

(Click on image to enlarge)

audjpy price chart daily

Consequently, AUD/JPY may enjoy support nearby as it has recent price action nearby. Residing around 71.88, the horizontal level will look to stall further declines in the days to come as investors try to ascertain the appropriate value for growth-linked assets. In the meantime, it appears as though the Australian Dollar may remain pressured until the viral outbreak is contained and economic activity returns to normal.

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