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GBP/JPY Range-Bound Bull: Buy Dips at 210 Targeting 212 Breakout with SL Below 209 
AUDJPY has traded in a narrow range between 103.89 and 105.21 for the past four days. Intraday trend is favorable as long as support 103.80 endures. Presently at 104.58, it touched a low of 104.38 yesterday.
Oscillators and moving averages to forecast the trend of AUDJPY
CMP- 104.57
EMA (4-hour chart)
55-EMA- 104.18
200-EMA- 102.74
365-EMA- 101.45. The pair trades above the short and above long-term moving average.
Major Support- 104.35. Any breach below 104.35 will drag the pair down to 103.80/103.50/103/102.79/102.25/102/101.40/100.98/100.35/100/99.70.
Major resistance - 105.20. Any break above 105.20 confirms minor bullishness; a jump to 105.70/106/107 is possible.
Indicator (4-hour chart)
CCI (50)- Bullish
Average directional movement Index- Neutral. All indicators confirm a neutral trend.
It is good to buy on dips around 104.48-50 with SL 103.80 for TP of 107.
