The Australian dollar remains well-supported against the Japanese yen currency, as risk-on trading sentiment continues to generate upward momentum for antipodean currencies. AUD/JPY analysis shows that a major technical breakout will take place if bulls can gain traction above the 69.00 resistance level. The Australian dollar has been rising against the Japanese yen recently as global equity markets continue to build on their monthly gains. Traders and investors pay close attention to the AUD/JPY, as the pair is often seen as a barometer for risk sentiment in the foreign exchange market. AUD/JPY technical analysis ... (full story)