​​​AUD/USD rally continues

AUD/USD's sharp rally off its $0.6349 low has the July peak at $0.6798 in its sights. Minor support is now seen between the May peak at $0.6714 and the 12 June high at $0.6704.

AUD/USD chart Source: TradingView.com AUD/USD chart Source: TradingView.com

​EUR/JPY recovers

EUR/JPY is once again heading up towards the 200-day simple moving average (SMA) at ¥164.04 while the ¥160.00 region underpins. Further minor support is seen at the 12 August low at ¥159.83.

​Downside pressure should be maintained while the 200-day SMA caps, though.

EUR/JPY chart Source: TradingView.com EUR/JPY chart Source: TradingView.com

​USD/JPY finds support

USD/JPY sharp drop from its ¥161.95 early July high to its ¥141.70 early August low has been followed by a bounce to last week's high at ¥149.40. From there it slipped to ¥145.20 from where it is currently trying to recover towards the ¥148.00 region.

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USD/JPY chart Source: TradingView.com