Yen weakness continues with EUR/JPY, USD/JPY grinding higher while AUD/USD stalls
Yen weakness continues with EUR/JPY, USD/JPY nearing their early June highs while AUD/USD stalls within a resistance zone.
USD/JPY nears its six-week high
Last week USD/JPY rose to a six-week high at ¥158.25 which is about to be reached. Above this level sits the April peak at ¥160.21.
Minor support can be seen at the ¥157.70 late-May high and Tuesday's ¥157.40 high.
AUD/USD loses upside momentum
AUD/USD nears major resistance at $0.6698-to-$0.6714 which is expected to again cap.
Only failure at $0.6577 would engage the 8 May low at $0.6558.
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