AUD/JPY is currently trading near 78.75 during early Asian session on Thursday.
The pair witnessed pullback as risk-on grew market attention ahead of China data, trade and Brexit progress.
Inverse head and shoulders on H1 highlights 79.00 as a strong resistance with 78.30 and 78.00 be nearby supports to watch.
The AUD/JPY pair traders near 78.75 on early Thursday morning in Asia. Traders remain cautious trimmed bets favoring the Australian Dollar (AUD) ahead of China’s headline data release. Also adding to the concern was comments from the US secretary of state Mike Pompeo that criticize China. While China data and developments surrounding the US-China trade deal would be given high importance, Brexit progress could also affect the pair moves as being crucial for safe-havens like the Japanese Yen (JPY).


Thread: 
Thanks
Currently Active Users
Forex Forum India Statistics