AUDJPY reaches fresh 36-year highs after inflationAustralian Dollar/Japanese YenFX:AUDJPYMichael_Stark_ExnessThe Australian dollar reached its highest intraday price against the yen since October 1990 on 25 February 2026 after Australia announced higher than expected annual headline inflation in January. Ambiguity over the possible directions of monetary policy has dominated the financial news from Japan recently as the board of the Bank of Japan seems to be divided between pausing and continuing modest tightening. The main challenge for new buyers of AUDJPY in this situation is finding a decent entry which isn’t too close to the recent very long-term high. Another retracement to the area of the 100% weekly Fibonacci might give such an opportunity depending on momentum and volume. ¥112 could be an upcoming resistance if the price reaches new highs. The 20 SMA hasn’t recently been a clear dynamic support but it could challenge a break below around ¥109.50. The uptrend has, on the whole, been quite consistent since around the middle of 2025 as shown by the relatively low ATR, a bit below one yen. As for AUDUSD, a key upcoming release which might drive the next direction is Australian GDP on 4 March; 0.8% as expected or possibly even high could give AUDJPY a boost. This is my personal opinion, not the opinion of Exness. This is not a recommendation to trade.