UBS: view on USD/JPY and AUD/USD
Bullish on USD/JPY: "The latest strength reinforces the broader bullish theme. There is potential for more upside to break through resistance at 101.53 and test 103.74. Support is at 97.89 ahead of 96.82.".
Chart. Daily USD/JPY.
Bearish on AUD/USD: "With the bearish trending indicators in place, focus is on support at $0.8850, a break below which would expose $0.8545. Resistance is at $0.9070 ahead of $0.9233.".
Chart. Daily AUD/USD