The EUR/JPY and USD/JPY currency pairs are currently testing key resistance levels, which could indicate a potential shift in market sentiment.

Traders are closely monitoring these developments as they could impact future trading sessions.

AUD/USD Pair Struggling to Stabilize

The AUD/USD pair is struggling to stabilize after experiencing consecutive declines.

It is attempting to find support at critical levels, and failure to do so could lead to further declines.

Challenges Faced by the Australian Dollar

The recent downward trend in the AUD/USD reflects the challenges faced by the Australian dollar in the global economic landscape.

Technical analysis of these currency pairs reveals potential opportunities and risks, with resistance and support levels playing a crucial role in shaping trading strategies.

Upcoming US CPI Data

The upcoming US CPI data will influence market sentiment and price action across these pairs.