Trades in AUDJPY soar higher for a third straight day on a strong Australian dollar. Intraday is positive as long as support at 102.95 holds. With a top of 104.25, it is now trading at about 104.175.
Oscillators and moving averages to forecast the trend of AUDJPY
CMP- 104.17
EMA (1-hour chart)
55-EMA- 102.71
200-EMA- 101.13
365-EMA- 100.135. The pair trades above the short and above long-term moving average.
Major Support- 103.80. Any breach below 103.80 will drag the pair down to 103.40/102.95/102/101.40/100.98/100.35/100/99.70.
Major resistance - 104.30. Any break above 104.30 confirms minor bullishness; a jump to 104.55/105/106 is possible.
Indicator (4-hour chart)
CCI (50)- Bullish
Average directional movement Index- Bullish. All indicators confirm a Bullish trend. trend.
It is good to buy on dips around 103.40-42 with SL around 102.80 for TP of 105.


FxWirePro: USD/ZAR slips as SARB delivers surprise rate hike
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
Aussie Yen Breaks 114 Barrier: Bulls Lock Horns With Resistance, Eyes on 115 Summit
FxWirePro: EUR/ NZD dips below lower range, bearish bias increases
FxWirePro: USD/ZAR sell bias remains below key resistance zone
FxWirePro: USD/CAD slips as Canadian dollar firms on hopes for US-Iran ceasefire deal
Bitcoin Bleeds $704M in ETF Outflows as Institutional Exodus Accelerates
FxWirePro: EUR/AUD downward momentum remains in place
FxWirePro: GBP/USD edged higher as hopes for US-Iran deal boost riskier assets
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies pivot (Major)
NZD/JPY Breakout Blast: Kiwi Rocket Smashes 94.50 Resistance, Bulls Lock Sights on 95
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD extends decline , vulnerable to more downside 



