FxWirePro: AUD/JPY on track to test 200-DMA at 80.25, good to go long on dips

AUD/JPY chart - Trading View 

AUD/JPY Technical Analysis: Bias Bullish
- Extends grind higher along 5-DMA support
- Stochs and RSI are sharply higher
- Price action above cloud and major EMAs
- Bollinger Bands widenning in support 
- Bullish +ve DMI crossover on -ve DMI

Fundamental Factors:
- Unexpected jump in China trade surplus to $32.64 billion ($7.05 billion expected) supports gains.

Support levels - 79.51 (5-DMA), 79, 78.80 (cloud top)
Resistance levels - 80.25 (200-DMA), 80.71 (55W EMA), 81

Recommendation: Good to go long on dips, SL: 79.50, TP: 80.25/ 80.70

For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.