AUD/JPY can’t get any higher than 88.00 so far

FXstreet.com (Barcelona) – The AUD/JPY foreign exchange cross rate is last trading at 87.68 off recent session lows at 87.50, ahead of a bunch of Japan minor data starting at 23:30 GMT, marginally higher from previous Asia-Pacific open yesterday due to Yen weakness.

AUD/JPY resistance near at 88.20

“Don’t think these are the markets for heroics so if we can pick up 100 pips then we should be grateful,” said FXWW founder Sean Lee, adding: “I bought some AUD/JPY at this time yesterday below 87.00 and added today after the USD/INR reversal near 87.45. I’m looking to book at least …read more