AUDJPY holds well above the 98 level on weak yen. It hits an intraday high of 98.73 and is presently trading at around 98.63. The intraday trend is bullish as long as support 97.60 holds.
Oscillators and moving averages to forecast the trend of AUDJPY
CMP- 98.635
EMA (4-hour chart)
55-EMA- 98.37
200-EMA- 97.98
365-EMA- 97.31. The pair trades above the short and long-term moving averages.
Major Support- 97.95. Any breach below 97.95 will drag the pair down to 97.60/97.25/96/95/94.39.
Major resistance - 98.75. Any break above 98.75 confirms minor bullishness; a jump to 99.50/100 is possible.
Indicator (4-hour chart)
CCI (50)- Bullish
Average directional movement Index- Neutral. All indicators confirm a mixed trend.
It is good to buy on dips around 98.38-40 with SL around 97.95 for TP of 99.50/100.


FxWirePro: GBP/AUD dips below 1.9000 level , vulnerable to more downside
FxWirePro: USD/ZAR bears maintain upper hand
AUDJPY Surges to One-Month High on Australian Dollar Strength
Bitcoin Dips Before the Flip: Whales Load Up $3B as $80K Rebound Looms
FxWirePro: NZD/USD edges higher ahead of RBNZ decision
JPY Major Currency Score: NZDJPY and AUDJPY Lead with Extremely Bullish Momentum
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair Currency Score (AUDUSD Bullish)
FxWirePro: GBP/NZD uptrend loses steam, remains on bearish path
AUD/JPY Faces Downside Pressure Amidst Australian Dollar Weakness
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/ AUD gains slightly but remains on bearish path
AUD/JPY: Bullish Momentum Continues in JPY Major Pairs
FxWirePro: GBP/USD slips lower as dollar firms after Warsh comments
Major Pair Currency Score: AUDUSD Extremely Bullish, NZDUSD Bullish
FxWirePro- Woodies Pivot (Major)
FxWirePro: GBP/USD cedes early gains ,outlook bearish 



