EUR/JPY, USD/JPY rally as BoJ keeps rates on hold while AUD/USD struggles​ | Levels to Watch

​​​EUR/JPY rallies as BoE retains charges on maintain

​EUR/JPY rallies in direction of its ¥163.27 mid-April excessive which can act as minor resistance forward of final week’s excessive ¥163.75 excessive.

​Minor assist under Wednesday’s ¥161.71 low will be seen alongside the 200-day easy shifting common (SMA) at ¥161.31. Along with the two April low at ¥160.99 it’s anticipated to behave as assist, had been it to be revisited.

​Solely an increase above final week’s excessive at ¥163.75 would have interaction the most important December-to-April resistance zone at ¥164.08-to-¥164.90.

​EUR/JPY day by day chart