The AUD/JPY trades in a narrow range with a negative bias. It hit an intraday low of 94.40 and is currently trading around 94.603. Intraday trend is bearish as long as the resistance at 95.35 holds.
‘The pair is trading below 55 and 200 EMA and 365 EMA (long-term) on the 4-hour chart, confirming a bearish trend. Any violation below 94.40 indicates the intraday trend is weak. A dip to 93.95/93 is possible. Immediate resistance is at 95.35. A breach above this level targets 95.80/96.20/96.50/96.85/97.20/97.64/98.
Market Indicators ( 4-hour chart)
CCI (50)- Bearish
Directional movement index - Bearish
Trading Strategy: Sell
It is good to sell on rallies around 95.32-35 with SL around 96 for a TP of 93.


FxWirePro: AUD/USD consolidates gains ,remains on positive footing
FxWirePro: EUR/CAD tumbles as strong Canadian jobs data fuels BoC rate-hike bets
FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption
FxWirePro: GBP/NZD edges higher but bearish outlook persists
FxWirePro- Major US Indices
FxWirePro: USD/CAD outlook weaker on renewed downside pressure
FxWirePro: GBP/AUD positions for another drop, eyes 2.0100 level
GBPJPY Eyes 208: Pound Pulls Back, Bulls Guard 206
EURJPY Carves Triple Bottom at 180.20 – Bulls Ready to Storm 182-183 as Breakout Momentum Builds
CAD/JPY Rockets on Blowout Canadian Jobs Surprise – Bulls Target 113-115 as BoC Cut Odds Collapse
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD downtrend extends ,eyes 23.6%fib support
FxWirePro: EUR/AUD force is with bears as pair hits low since June 11th
FxWirePro: USD/CAD downside pressure builds, key support level in focus 



