The AUD/JPY showed a minor pullback after a minor dip below 365- H EMA. The pair breaks a trend line resistance at 97.75. It reached an intraday high of 98.09 and is currently trading around 97.931. The intraday trend remains bullish as long as support 97.25 holds.
The pair is trading below 55 and 200 EMA and 365 EMA (long-term) on the 1-hour chart, confirming a bullish trend. Any close below 97.60 indicates the intraday trend is weak. A dip to 97/96.75/96.30/96/ 95.50/95/94.40/93.95/93 is possible. Immediate resistance is at 98.20, a breach above this level targets 98.50/98.75/100/100.42.
Market Indicators ( 1-hour chart)
CCI (50)- Bullish
Directional movement index - Bullish
Trading Strategy: Buy
It is good to buy on dips around 97.78-80 SL around 97.20 for a TP of 100.


Dollar Resurgence Propels USDCHF Above 0.8000: Technicals Signal Continued Bullish Momentum Toward 0.8150
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
Euro Bulls Charge Past 1.1600: Broad Dollar Sell-Off Ignites Powerful EURUSD Rally
FxWirePro: USD/ZAR loses momentum but outlook is bullish
Bitcoin on Edge: Geopolitical Tensions Weigh on BTC as Bulls Eye the USD 64,000 "Buy the Dip" Zone
NZDJPY Technical Outlook: Bearish Bias Deepens as Key Resistances Hold
Euro Bulls Retreat: EURUSD Faces Resistance at 1.1500 as Technical Indicators Signal Further Downside
Yen Resurgence Drives GBPJPY to 2.5-Week Low: Sellers Aim for 208.00
FxWirePro: GBP/NZD uptrend loses momentum but bullish setup remains
FxWirePro: USD/CNY dips as China’s yuan strengthens on Iran war de escalation hopes
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major European Indices
FxWirePro: EUR/AUD retreats slightly but trend is still bullish
Sterling’s Six-Week Streak Snaps: GBPJPY Slumps Toward 210.00 as Bearish Momentum Intensifies 



