The AUD/JPY showed a minor pullback as the Australian dollar recovered. It reached an intraday high of 95.739 and is currently trading around 95.73. The intraday trend remains bullish as long as support at 95 holds.
‘The pair is trading above 55 and 200 EMA and below 365 EMA (long-term) on the 1-hour chart, confirming a mixed trend. Any violation below 95 indicates the intraday trend is weak. A dip to 94.40/93.95/93 is possible. Immediate resistance is at 96, a breach above this level targets 96.20/96.50/96.85/97.20/97.64/98.
Market Indicators ( 1-hour chart)
CCI (50)- Bullish
Directional movement index - neutral
Trading Strategy: buy
It Is good to buy on dips around 95.50 with SL around 95 for a TP of 96.50/97.20.


AUDJPY Stalls in Neutral Ground: Bearish Shadows Loom Over the 111.00 Mark
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CAD remains buoyant, looks to extend gains
FxWirePro: USD/ZAR uptrend loses steam, remains on bullish path
FxWirePro: EUR/AUD neutral in the near-term, scope for downward resumption
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/JPY uptrend loses steam, remains on bullish path
FxWirePro- Major European Indices
FxWirePro: EUR/ NZD stuck in range but maintains bullish bias
FxWirePro: USD/JPY edges up, looks to extend gains
FxWirePro: USD/CNY edges up as yuan weakens on firmer dollar
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD runs out of steam but maintains bullish outlook
FxWirePro: GBP/AUD idles around 1.9230 as market awaits fresh catalysts
FxWirePro: EUR/AUD consolidating around 1.6650, room for further gains
FxWirePro- Woodies Pivot(Major) 



