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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Please ensure you fully understand the risks involved. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Please ensure you fully understand the risks involved.

AUD/USD side-lined below key resistance while EUR/JPY, USD/JPY grind higher

AUD/USD stays side-lined below key resistance while EUR/JPY, USD/JPY grind higher ahead of US PPI print.

JPY Source: Getty Images

AUD/USD is side-lined

AUD/USD continues to sideways trade below the $0.6644 to $0.6667 resistance zone, having bounced off last week's $0.6558 low. A rise above $0.6667 would target the $0.685 region.

AUD/USD chart Source: TradingView.com
AUD/USD chart Source: TradingView.com

EUR/JPY on track for seventh straight day of gains

EUR/JPY has reached the ¥168.66 early-May high, above which now beckons the ¥169.10-39 zone ahead of the psychological ¥170.00 mark. Minor support is spotted in the ¥167.51-34 region.

EUR/JPY chart Source: TradingView.com
EUR/JPY chart Source: TradingView.com

USD/JPY continues its ascent

USD/JPY continues to rise towards the ¥160.00 region. Immediate upside pressure will remain in play while last Tuesday's low at ¥153.87 underpins.

USD/JPY chart Source: TradingView.com
USD/JPY chart Source: TradingView.com

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