The AUD/JPY declined slightly after the hawkish rate pause by the BOJ.It reached an intraday low of 97.305 and is currently trading around 97.346. The intraday trend remains bullish as long as support at 97 holds.
The pair is trading below 55 and 200 EMA and 365 EMA (long-term) on the 1-hour chart, confirming a bearish trend. Any close below 97.32 (365 H EMA) 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, a breach above this level targets 98.50/98.75/100/100.42.
Market Indicators ( 1- hour chart)
CCI (50)- Bearish
Directional movement index - Bearish
Trading Strategy: Sell
It is good to sell on rallies around 97.40-45 with SL around 98 for a TP of 95.50.


FxWirePro- Woodies pivot (Major)
FxWirePro: USD/CAD slips as Canadian dollar firms on hopes for US-Iran ceasefire deal
NZD/JPY Breakout Blast: Kiwi Rocket Smashes 94.50 Resistance, Bulls Lock Sights on 95
FxWirePro: GBP/USD recovers some ground but bears are not done yet
USD/CHF Smashes Higher to 0.7899 on Dollar Dominance—Bulls Bet on 0.7865 Dips for 0.8000 Breakout
FxWirePro: USD/ZAR sell bias remains below key resistance zone
FxWirePro: GBP/NZD extends decline , vulnerable to more downside
Bitcoin Bleeds $704M in ETF Outflows as Institutional Exodus Accelerates
FxWirePro: USD/JPY edges higher but bulls lack punch
FxWirePro: USD/CAD bulls continue to hold the higher ground
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CNY bears maintain upper hand
Aussie Yen Breaks 114 Barrier: Bulls Lock Horns With Resistance, Eyes on 115 Summit
Pound-Yen Roars Back Above 214: Bulls Reload for 216–217 Charge on Dip-Buying Setup
Ethereum Tumbles Below $2K: Bears Eye $1,700 as All Key EMAs Flip Red 



