AUDJPY trades flat ahead of BOJ monetary policy. Intraday trend is negative as long as the 103.70 resistance holds. Trading at 103.02 at present, it reached an intraday high of 103.10.
Oscillators and moving averages to forecast the trend of AUDJPY
CMP- 103.02
EMA (1-hour chart)
55-EMA- 102.88
200-EMA- 103.037
365-EMA- 102.76. The pair trades above the short and below the 200 EMA and above the 365 EMA.
Major Support- 102.40. Any breach below 102.40 will drag the pair down to 102/101.40/100.98/100.35/100/99.70.
Major resistance - 103.40. Any break above 103.40 confirms minor bullishness; a jump to 104.10/104.55/105/106 is possible.
Indicator (1-hour chart)
CCI (50)- Bullish
Average directional movement Index- neutral. All indicators confirm a bearish trend. trend.
It is good to sell on rallies around 103.28-30 with SL around 104 for TP of 100.
Ahead of BOJ Decision: Sell on Rallies as Bearish Bias Holds Below 103.70


Aussie Yen Breaks 114 Barrier: Bulls Lock Horns With Resistance, Eyes on 115 Summit
Bitcoin Bleeds $704M in ETF Outflows as Institutional Exodus Accelerates
FxWirePro: EUR/AUD downward momentum remains in place
Ethereum Tumbles Below $2K: Bears Eye $1,700 as All Key EMAs Flip Red
FxWirePro: GBP/USD recovers some ground but bears are not done yet
FxWirePro: NZD/USD gains as hawkish RBNZ comments boost Kiwi dollar
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: USD/ZAR slips as SARB delivers surprise rate hike
NZD/JPY Breakout Blast: Kiwi Rocket Smashes 94.50 Resistance, Bulls Lock Sights on 95
FxWirePro: USD/CNY bears maintain upper hand
FxWirePro: USD/JPY edges higher but bulls lack punch
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/ NZD dips below lower range, bearish bias increases
EUR/JPY Bulls Hold the Line Above 185: Eyes Locked on 188 Breakout
FxWirePro: USD/CAD slips as Canadian dollar firms on hopes for US-Iran ceasefire deal 



