Chart AUD/JPY Update: Corrective bounce to give way to selling pressure later

December 12, 2023 7:01 AM UTC

06:50 GMT - Extending corrective bounce from the 93.70 low to reach the 96.00 level as prices unwind the oversold intraday and daily studies. Nearby see resistance at the 96.00/96.25 area and clearance will see room for extension to the strong resistance at 96.83. Correction seen giving way to selli