MARKETS08:38 UTC15h ago 1 min readSource: FXStreet

AUD/JPY Price Forecast: Reaches fresh record highs above 114.00

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AUD/JPY Price Forecast: Reaches fresh record highs above 114.00
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AUD/JPY continues its winning streak that began on April 6, trading around 114.10 during the European hours on Thursday. The technical analysis of the daily chart suggests a bullish bias as the currency cross moves upwards within the ascending channel pattern.

AI Executive Brief
  • / AUD/JPY currency pair continues to rise, reaching new highs above 114.00.
  • / The upward trend started on April 6 and is supported by a bullish technical analysis.
  • / The pair is moving within an ascending channel pattern, indicating potential for further gains.

AI-generated summary for informational purposes. Verify with original source.