Falls to near 111.00 near lower ascending channel boundary
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AUD/JPY extends its losses for the second successive session, trading around 111.00 during the early European hours on Tuesday. The technical analysis of the daily chart suggests a potential bearish reversal as the currency cross is testing the lower boundary of the ascending channel pattern. However, the near-term bias is neutral with a slight bullish tilt as price consolidates above the rising 50-day Exponential Moving Average (EMA), preserving the broader uptrend structure despite the recent pullback from the 113.00 area. The nine-day EMA has flattened just above the spot, reflecting stalled upside momentum rather than a clear reversal. The 14-day Relative Strength Index (RSI) at 50 signals balanced conditions after unwinding from overbought readings above 70 seen earlier this month, which aligns with a pause phase within an established advance rather than aggressive selling pressure. The AUD/JPY cross may rebound toward the potential level of 111.50, followed by the nine-day EMA at 111.69. A break above the latter would improve the short-term price momentum and support the currency cross to approach the all-time high of 113.96, which was reached on March 11. On the downside, the immediate support lies at the lower ascending channel boundary around 110.60, followed by the 50-day EMA at 109.60. Further declines would weaken the medium-term momentum and expose the psychological support at the 108.00 level. AUD/JPY: Daily Chart (The technical analysis of this story was written with the help of an AI tool.) Euro Price Today The table below shows the percentage change of Euro (EUR) against listed major currencies today. Euro was the weakest against the US Dollar. USD EUR GBP JPY CAD AUD NZD CHF USD 0.08% 0.08% 0.08% 0.10% 0.33% 0.17% 0.08% EUR -0.08% -0.03% 0.04% 0.02% 0.25% 0.10% 0.00% GBP -0.08% 0.03% 0.06% 0.06% 0.28% 0.12% 0.03% JPY -0.08% -0.04% -0.06%…
Filed under: News - @ March 24, 2026 8:23 am