Ella 
The Australian dollar/yen extended its losses for the second day in a row after the Asian markets opened on Thursday, trading around the 94.94 level. AUD/JPY fell 0.36% on Wednesday as risk aversion dampened demand for the currency amid rising tensions in the Middle East.
Technically, the AUD/JPY is trading sideways in the 94.00/95.00 range, without breaking out of a top or bottom. AUD/JPY’s volatility over the past few days has confirmed a dark cloud pattern on the chart, suggesting that further downside is expected.
In this case, the first support for the AUD/JPY is seen at the top of the Ichimoku cloud at 94.30, before falling to 94.00. Once below these two support levels, AUD/JPY’s next support would be seen at the October 3 swing low of 93.01 before falling towards the July 28 swing low of 91.97.
On the upside, AUD/JPY buyers will need to reclaim the 95.00 level to challenge the September 29 swing high of 96.92 before challenging the year-to-date (YTD) high of 97.67.
