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