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AUDJPY Eyes New Highs: Bulls Hold 102 Support, Target 104 
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AUDJPY gained above 102 after minor profit booking. Intraday trend is positive as long as support 101.35 holds. It reached an intraday high of 102.27 and is currently trading around 102.20.
Oscillators and moving averages to forecast the trend of AUDJPY
CMP- 101.57
EMA (4-hour chart)
55-EMA- 101.52
200-EMA- 100.51
365-EMA- 99.44. The pair trades above short and above long-term moving average.
Major Support- 101.40. Any breach below 101.40 will drag the pair down to 100.98/100.35/100/99.70/99/98.25/97.48/97/96/95/94.39.
Major resistance - 102.50. Any break above 102.50 confirms minor bullishness; a jump to 103.10/104/105 is possible.
Indicator (4-hour chart)
CCI (50)- Bullish
Average directional movement Index- Neutral. All indicators confirm a neutral trend. trend.
It is good to buy on dips around 101.78-80 with SL around 101.40 for TP of 103.
