AUD/JPY Price Analysis: Hovers new four-day high, remains subdued

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• AUD/JPY reaches a new four-day high at 95.37, trading at 95.22 as the Asian session begins.
• The pair remains neutral-biased, tilted to the upside, with potential resistance at October 12 high 95.83.
• Sellers must clear the 94.96/85 area and the top of the Kumo at 94.65 to shift momentum downwards.

The AUD/JPY reached a new four-day high at 95.37 on Tuesday, registering solid gains of 0.46%. However, as Wednesday’s Asian session begins, the cross-pair exchanges hands at 95..22, down a minimal 0.04%.