AUD/JPY climbs to 94.35-94.40 resistance zone; upside potential seems limited

  • The AUD/JPY cross is building on the overnight bounce from the 93.80 area and gaining some positive traction during the Asian session on Friday. Spot prices, however, remain confined within a multi-day-old range amid mixed fundamental cues and currently trade around the 94.35-94.40 horizontal resistance, up less than 0.10% for the day.