- AUD/JPY climbs to a five-week high following the Federal Reserve’s decision to hold rates steady.
- Wall Street rally and upbeat market sentiment benefit risk-perceived currencies like the Aussie Dollar.
- From a technical perspective, AUD/JPY is neutral to upward biased, with potential resistance at 96.92 and 97.00 marks.
The AUD/JPY climbs amid an upbeat sentiment, reached a five-week high of 96.54 late on Wednesday session after the US Federal Reserve (Fed) held the Federal Fund Rates (FFR) at around 5.25%-5.50%, unchanged compared to the last two meetings. The pair is trading at 96.50, with buyers eyeing the September 29 high at 96.92.
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