AUD/JPY Price Forecast: Gains ground above 113.50, bullish trend holds above 100-day SMA

The AUD/JPY cross trades in positive territory around 113.85 during the early European session on Tuesday. The Australian Dollar (AUD) strengthens against the Japanese Yen (JPY) due to the interest rate differential between the Reserve Bank of Australia (RBA) and the Bank of Japan (BoJ).