FXstreet.com (Córdoba) - The risk sentiment eased down on Thursday so commodity currencies consolidated gains across the board. AUD/JPY broke above the 77.00 and rose further to set a fresh weekly high at 77.67. The pair closed the day 4.91% or 363 pips higher. This represents the biggest daily rise for AUD/JPY since October 28th 2008. <br /><br />The Australian dollar is struggling to extend gains on Friday against the Yen, but currently at the Asian trade AUD/JPY has slightly retreated from daily highs and is quoting around the 77.20 zone. <br /><br />If the pair manages to hold above, next resistances could be faced at 77.70, 78.00 and then 78.20. On the other hand if the pair loses this area, next supports might be faced around 77.10, 76.80 and 76.20.<br /><br />For more information, read our latest <a href=”http://www.fxstreet.com/news/forex-news/”>forex news</a>.
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