Aussie Yen like the other Australian crosses are trending higher. The earlier bounce near a 38.2% Fibonacci level is a sign of an aggressive bullish trend. Move to a lower time frame like a 4-hour to find better risk to reward entries.
DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.
Learn forex trading with a free practice account and trading charts from FXCM.

