AUDJPY Price Analysis: Key Resistance at 95.00
Muhammad Faraz 
AUDJPY Price Analysis Key Resistance at 95.00
The AUDJPY currency pair, representing the exchange rate between the Australian Dollar and the Japanese Yen, is currently exhibiting interesting price dynamics with a clear resistance level at 95.00. This article provides a comprehensive analysis of the pair’s current technical structure, highlighting key support and resistance levels, as well as potential trading opportunities.
Key Resistance: 95.00
The most prominent feature in the current AUDJPY price action is the strong resistance at the psychological level of 95.00. This level has been tested multiple times, as evidenced by the repeated price reactions at:
- 95.777
- 95.775
- 95.000
The clustering of price reactions around this zone confirms its significance as a major barrier for bullish momentum. Traders should watch for either a decisive breakout above this level or rejection patterns that could signal a potential reversal.
Support Levels to Watch
Below the current price, several support levels provide potential buying zones or targets for bearish moves:
- 94.218 – Immediate support level
- 93.500 – Mid-range support
- 92.503 – Stronger support level
- 92.000 – Psychological round number support
The 94.218 level appears particularly significant as it currently serves as the first line of defense against further declines.
Technical Observations
- Price Compression: The pair appears to be consolidating between 94.218 and 95.00, suggesting a potential breakout or breakdown in the near term.
- Volatility Indicator: The presence of both 97.500 and 22.517 in the data table suggests the pair has experienced significant volatility in its trading history.
- Psychological Levels: Round numbers (95.00, 94.00, 93.00, etc.) continue to play an important role in price action, serving as both support and resistance.
Trading Strategy Considerations
Bullish Scenario:
- A confirmed breakout above 95.00 with strong volume could target:
- 95.775-95.777 resistance zone
- 96.00 psychological level
- 96.500 previous high
Bearish Scenario:
- Rejection at 95.00 could see price retreat to:
- 94.218 initial support
- 93.500 secondary support
- 92.503 stronger support zone
Risk Management
Traders should implement proper risk management strategies:
- Use stop-loss orders (above 95.20 for shorts, below 94.00 for longs)
- Maintain favorable risk-reward ratios (at least 1:2)
- Consider position sizing based on account risk parameters
Conclusion
The AUDJPY pair presents clear technical levels that traders can use to formulate their strategies. The 95.00 resistance remains the key level to watch, with its breakout or rejection likely determining the pair’s next significant move. Support at 94.218 and 92.503 provides potential downside targets, while a breakout above 95.00 could open the path toward 96.00 and beyond.
As always, traders should confirm signals with additional technical indicators and fundamental analysis before entering positions, particularly given the volatility often seen in currency crosses.
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