AUD/USD surges ahead while EUR/JPY and USD/JPY stabilize
AUD/USD surges ahead post hawkish RBA minutes while EUR/JPY and USD/JPY stabilize.
![AUD](http://a.c-dn.net/c/content/dam/publicsites/igcom/uk/images/news-article-image-folder/Adobe_USD_AUD_07-11-2024.jpg/jcr:content/renditions/original-size.webp)
![AUD/USD chart](http://a.c-dn.net/c/content/dam/igcom-websites/en_GB/charts/2024/08/20/AUDUSD_2024-08-20_06-17-18.png/jcr:content/renditions/original-size.webp)
EUR/JPY recovers
EUR/JPY is once again heading up towards the 200-day simple moving average (SMA) at ¥164.04 while the ¥160.00 region underpins. Further minor support is seen at the 12 August low at ¥159.83.
Downside pressure should be maintained while the 200-day SMA caps, though.
![EUR/JPY chart](http://a.c-dn.net/c/content/dam/igcom-websites/en_GB/charts/2024/08/20/EURJPY_2024-08-20_06-15-17.png/jcr:content/renditions/original-size.webp)
USD/JPY finds support
USD/JPY sharp drop from its ¥161.95 early July high to its ¥141.70 early August low has been followed by a bounce to last week's high at ¥149.40. From there it slipped to ¥145.20 from where it is currently trying to recover towards the ¥148.00 region.
![USD/JPY chart](http://a.c-dn.net/c/content/dam/igcom-websites/en_GB/charts/2024/08/20/USDJPY_2024-08-20_06-15-39.png/jcr:content/renditions/original-size.webp)
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