AUD/JPY Price Forecast: Holds gains above 114.00, bullish momentum prevails
The AUD/JPY cross gathers strength near 114.00 during the early European trading hours on Tuesday. A hawkish tone from the Reserve Bank of Australia (RBA) provides some support to the Australian Dollar (AUD) against the Japanese Yen (JPY).
The AUD/JPY is likely to maintain its bullish momentum and could test higher resistance levels above 114.50 as the RBA's hawkish stance continues to support the Australian Dollar.
The AUD/JPY cross gathers strength near 114.00 during the early European trading hours on Tuesday. A hawkish tone from the Reserve Bank of Australia (RBA) provides some support to the Australian Dollar (AUD) against the Japanese Yen (JPY).
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