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fxJun 23, 2026, 4:16 AM

AUD/JPY Steadies Below 113.00 as Intervention Fears Loom

The AUD/JPY cross trades around 112.75 during early European hours, with the yen strengthening on intervention concerns. The bias remains mildly bullish despite the losses.

AUDJPY

During Tuesday's early European session, the AUD/JPY pair is trading near 112.75, maintaining a negative tone. The Japanese yen is strengthening as traders remain on high alert for possible currency intervention by Japanese authorities.

Despite the intraday losses, the technical bias for AUD/JPY is still mildly bullish. The pair holds below the 113.00 level but above key support, keeping the outlook constructive for now.

Source: FXStreet Forex News