Monday Morning Levels – AUD/USD & USD/JPY


We started the day with support & resistance for EUR/USD and GBP/USD. Now, let´s have a look at two other forex majors, AUD/USD and USD/JPY and see where these levels are so we can rely on them to define our risk.

AUD/USD

Resistance                                           Support

1 – 0.7490-0.75 (mild)                             1 – 0.7450 (strong)

2 – 0.7515-20 (strong)                           2 – 0.7420-25 (strong)

3 – 0.7545-50 (strong)                           3 – 0.74 (strong)

4 – 0.7580-85 (strong)                             

5 – 0.76 (strong)                                    

 

USD/JPY

Resistance                                           Support

1 – 111.45-55 (mild)                               1 – 111.20 (mild)

2 – 111.80 (strong)                                2 – 111 (strong)

3 – 112.00-112.20 (strong)                     3 – 110.80 (mild)

4 – 112.59 (strong)                                 4 – 110.50 (strong)

5 – 112.83 (mild)                                    5 – 110.20 (strong)

                                                            6 – 110 

ABOUT THE AUTHOR See More
Skerdian Meta
Lead Analyst
Skerdian Meta Lead Analyst. Skerdian is a professional Forex trader and a market analyst. He has been actively engaged in market analysis for the past 11 years. Before becoming our head analyst, Skerdian served as a trader and market analyst in Saxo Bank's local branch, Aksioner. Skerdian specialized in experimenting with developing models and hands-on trading. Skerdian has a masters degree in finance and investment.

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