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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 probes key support as EUR/JPY, USD/JPY try to level out

AUD/USD probes key support as EUR/JPY, USD/JPY try to level out as the greenback strengthens ahead of US Non-Farm Payrolls on Friday.

AUD/USD Source: Adobe images

AUD/USD hovers above support

AUD/USD still range trades above its November $0.6441 to $0.6435 lows. Were they to give way, the $0.6400 region would be in focus.

Minor resistance remains to be seen along the September to November downtrend line and the 25 November high at $0.6523-49.

AUD/USD daily trade

AUD/USD chart Source: TradingView
AUD/USD chart Source: TradingView

EUR/JPY tries to hold above support

EUR/JPY slid to the August to December uptrend line at ¥156.39 which offered interim support above the September low at ¥157.15. Minor resistance now sits at the ¥158.11 late September low.

EUR/JPY daily chart

EUR/JPY chart Source: TradingView
EUR/JPY chart Source: TradingView

USD/JPY tries to level out

USD/JPY tries to recover from Monday's ¥149.09 low but may soon encounter the 27 November low at ¥150.46 and the breached uptrend line at ¥151.12. Above it meanders the 200-day simple moving average (SMA) at ¥151.94.

Below the ¥149.09 low lies the ¥148.86 mid-October low.

USD/JPY daily chart

USD/JPY chart Source: TradingView
USD/JPY chart Source: TradingView

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