The AUD/JPY gained sharply on the strong Australian dollar. It reached an intraday high of 98.27 and is currently trading around 98.25. The intraday trend remains bullish as long as support at 96.40 holds.
The pair is trading above 55 and 200 EMA and 365 EMA (long-term) on the 4-hour chart, confirming a bullish trend. Any violation below 97.65 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 98.50, a breach above this level targets 98.75/100/100.42.
Market Indicators (4-hour chart)
CCI (50)- Bullish
Directional movement index - Bullish
Trading Strategy: Buy
It is good to buy on dips around 97.65-70 with SL around 97 for a TP of 100


FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies pivot (Major)
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
NZD/JPY Breakout Blast: Kiwi Rocket Smashes 94.50 Resistance, Bulls Lock Sights on 95
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
Ethereum Tumbles Below $2K: Bears Eye $1,700 as All Key EMAs Flip Red
EUR/JPY Bulls Hold the Line Above 185: Eyes Locked on 188 Breakout
FxWirePro: USD/CAD bulls continue to hold the higher ground
Aussie Yen Breaks 114 Barrier: Bulls Lock Horns With Resistance, Eyes on 115 Summit
FxWirePro: USD/CNY bears maintain upper hand
USD/CHF Smashes Higher to 0.7899 on Dollar Dominance—Bulls Bet on 0.7865 Dips for 0.8000 Breakout
FxWirePro: GBP/USD recovers some ground but bears are not done yet
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro: NZD/USD gains as hawkish RBNZ comments boost Kiwi dollar 



