AUD/JPY chart - Trading View
AUD/JPY has erased early losses and has edged higher from session lows at 71.22.
The pair was trading 0.09% higher on the day at 71.57 at around 08:20 GMT, scope for further upside.
Price action is extending bounce off 110-EMA support and is on track to test 200-DMA at 72.09.
Analysis of the GMMA indicator shows minor trend is strongly bullish, while major trend is turning bullish.
Momentum indicators support gains. RSI is above 60 and biased higher. Volatility is rising as evidenced by widening Bollinger bands.
Next major hurdle for bulls aligns at 200-DMA at 72.09. Decisive break above will propel the pair higher.
On the flipside, 110-EMA is strong support at 70.32. Failure to hold above will see minor weakness.
Support levels - 70.88 (5-DMA), 70.32 (110-EMA), 69.42 (55-EMA)
Resistance levels - 72.09 (200-DMA), 72.60 (76.4% Fib), 72.78 (55W EMA)


Euro Holds the Line: EURUSD Finds Support at the 365-EMA as Peace Talks Loom
FxWirePro: USD/CAD extends decline on broad dollar weakness
FxWirePro: EUR/AUD under pressure as key support gives way
FxWirePro: AUD/USD retreats slightly but trend is still bullish
FxWirePro: EUR/CAD gains ground on prospects of resumed energy flows
FxWirePro:NZD/USD uptrend loses momentum but bullish setup remains
NZDJPY Bulls Charge Toward 95.00: Safe-Haven Exodus Drives Kiwi Rally
FxWirePro- Woodies Pivot(Major)
Bitcoin’s Volatile Reset: ETFs Rebound as Bulls Eye USD 80,000 Milestone
Pound on Pause: GBPJPY Bulls Regroup for a Potential Sprint Toward 215.00
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path
FxWirePro- Major Crypto levels and bias summary
Bitcoin’s Islamabad Watch: BTCUSD Consolidates Near 71,421 USD as Geopolitical Peace Talks Loom
FxWirePro: AUD/USD edged lower as early optimism over U.S.–Iran peace talks fade
FxWirePro: USD/JPY holding bid into weekend
FxWirePro: GBP/AUD positions for another drop, eyes 1.8900level
FxWirePro -Major European Indices 



