MARKETS08:38 UTCApr 16 1 min readSource: FXStreet
AUD/JPY Price Forecast: Reaches fresh record highs above 114.00

Image via FXStreet
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.
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