AUD/JPY chart - Trading View
AUD/JPY has broken above 110-EMA resistance, raising scope for further upside.
The pair was trading 0.18% higher on the day at 70.506 at around 06:20 GMT, after closing 0.52% higher in the previous session.
Analysis of GMMA indicator shows minor trend is strong bullish, while major trend is turning bullish.
Price action has edged above daily cloud and momentum studies are bullish. RSI above 50 supports uptrend.
Next major bull target lies at 200-DMA at 72.11. Break above will change major trend to bullish.
On the flipside, 21-EMA is strong support at 69.17. Retrace below will negate bullish bias.
Major Support Levels:
- S1: 70.26 (110-EMA)
- S2: 69.76 (5-DMA)
- S3: 69.17 (21-EMA)
Major Resistance Levels:
- R1: 72.11 (200-DMA)
- R2: 72.83 (55W EMA)
- R3: 72.97 (78.6% Fib)
Summary: Technical indicators are favourable for further gains. The pair has broken above 110-EMA and 61.8% Fib resistance. Little resistance seen till 200-DMA at 72.11.


FxWirePro: USD/ZAR edges lower ,investors remain on edge
FxWirePro: EUR/AUD under pressure as key support gives way
FxWirePro: GBP/USD bulls remain cautiously optimistic
FxWirePro: EUR/NZD remains under pressure as key support gives way
Pound on Pause: GBPJPY Bulls Regroup for a Potential Sprint Toward 215.00
FxWirePro -Major European Indices
FxWirePro: USD/CAD extends decline on broad dollar weakness
FxWirePro: USD/JPY holding bid into weekend
FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/AUD claws back some losses but rcovery likely muted
Ethereum’s Healthy Correction: Bulls Eye Strategic Re-Entry at 2,150 USD Following Profit-Booking Pullback
Aussie Consolidates After Peak: AUDJPY Bulls Eye a Strategic Entry for the 115.00 Target
FxWirePro: USD/JPY steadies around 158.75, bias bullish
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro- Major Crypto levels and bias summary
FxWirePro:NZD/USD uptrend loses momentum but bullish setup remains 



