AUD/JPY Price Analysis: Insights on Pair's Recent Downturn

Friday, 12 July 2024, 21:44

The AUD/JPY pair experienced a slight 0.23% decline in Friday's session, settling around the 107.00 mark. This drop signals a bearish trend looming ahead for the pair. Market analysts are closely monitoring the pair's movements for potential further downside.
FXStreet
AUD/JPY Price Analysis: Insights on Pair's Recent Downturn

AUD/JPY Price Analysis:

The AUD/JPY pair saw a minor dip of 0.23% on Friday, landing near 107.00. This movement points towards a bearish outlook in the near future.

Market Watch:

  • Friday's trading session witnessed a decline in the pair's value.
  • The pair now hovers at 107.00, showcasing a potential downtrend.

Analysts are keeping a close eye on the bearish signals exhibited by the AUD/JPY pair, anticipating further downward movement.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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