EUR/JPY continues to rise
EUR/JPY has so far risen to ¥170.79, above which still beckons the ¥171.58 April peak. The cross remains immediately bullish while trading above Thursday's ¥169.30 low.
USD/JPY resumes its advance
USD/JPY once more attacks the ¥158.00 region and remains short-term bullish while Tuesday's low at ¥156.59 underpins. Below it lies the 9 May high at ¥155.95 which may also offer support.
AUD/USD fails to overcome resistance
On Tuesday AUD/USD failed to break through its $0.6644 to $0.6667 resistance area on a daily New York closing basis and reach its current May peak at $0.6714. Instead it gave back recent gains and now looks to be short term under pressure. Minor support below $0.6644 is seen at the $0.6629 mid-May high.
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