AUD/JPY chart - Trading View
- AUD/JPY is trading at 78.110, up 0.40% at 1130 GMT.
- The pair was rejected at 110-EMA and is extending weakness.
- Price action has slipped below 50-DMA and has broken into daily cloud.
- Momentum is with the bears, upside in the pair lacks traction.
- Immediate resistance is seen at 5-DMA at 78.49, break above eyes 50-DMA at 78.69.
- On the flipside, weakness till cloud base at 77.11 likely. Break below cloud will see further weakness.
Support levels - 77.44 (Feb 8 low), 77.11 (cloud base), 77
Resistance levels - 78, 78.50 (5-DMA), 78.69
Recommendation: Good to stay short on upticks at 78.20, SL: 78.70, TP: 77.50/ 77.15
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.


FxWirePro: USD/JPY neutral in the near-term, scope for downward resumption
Bitcoin Recovers Amid Easing Geopolitics: Bulls Target USD 80,000 Support Rebound
AUDJPY Pullback Intensifies: Resistance at 110.00 Signals Short Opportunity
Euro Bulls Charge Past 1.1600: Broad Dollar Sell-Off Ignites Powerful EURUSD Rally
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook
Yen Resurgence Drives GBPJPY to 2.5-Week Low: Sellers Aim for 208.00
FxWirePro: GBP/USD gains some upside momentum but still bearish
FxWirePro: EUR/ NZD steadies around 2.0150, retains bid tone
FxWirePro- Major European Indices
FxWirePro: NZD/USD cautiously bid as traders sense end to Iran war
FxWirePro: GBP/NZD uptrend loses momentum but bullish setup remains
FxWirePro: EUR/ NZD loses momentum but outlook is bullish
FxWirePro: USD/ZAR fibo rejection triggers sizeable pullback
FxWirePro: GBP/NZD range to extend until there is game changing news
Ethereum Rises on Geopolitical De-escalation: Pezeshkian’s Peace Signal Ignites Bullish Momentum
NZDJPY Technical Outlook: Bearish Bias Deepens as Key Resistances Hold 



