The Australian dollar in the currency pair AUDJPY, albeit without much enthusiasm, is still moving upwards. Buyers managed to hold above 113.30, which means they may continue to rise towards 113.75, 114.05, and possibly reach 114.45-114.65. Of course, the yen could suddenly spike again at any moment, leading to an instant decrease in AUDJPY, but for now, the upward movement remains relevant. If buyers can hold above 114.65, then they will have the opportunity to move towards new highs, but specific targets will need to be determined based on the actual situation. If sellers manage to move down from current levels and hold below 113.30, then they may continue to decline towards 112.50 - from there, a rebound could occur leading to a return to growth. Holding below 112.50 could result in AUDJPY moving towards 111.70 and 110.95, and further developments will be visible in due course.
