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fxJul 15, 2026, 4:20 AM

AUD/JPY Gains Traction Above 113.00, Bullish Trend Remains Firm

The AUD/JPY cross traded higher around 113.25 during early European hours, supported by the Japanese Yen weakening after reports on the Government Pension Investment Fund.

AUDJPY

The AUD/JPY cross edged up to 113.25 in early European trading on Wednesday, extending its recovery above the 113.00 level.

The Japanese Yen softened against the Australian Dollar following reports related to Japan's Government Pension Investment Fund (GPIF). The pair's bullish structure remains intact as it holds firmly above the 100-day simple moving average (SMA), signaling sustained upside momentum.

Source: FXStreet Forex News