Chart - Courtesy Trading View
AUD/JPY was trading 0.37% lower on the day at 93.64 at around 06:15 GMT
The pair is extending range trade above 21-EMA support, break below will see weakness
GMMA indicator shows major trend is bullish, while minor trend has gone neutral
Australia Retail Sales reprints 0.9% MoM growth, versus the market consensus of 0.4%, for May.
That said, fears surrounding global recession and the increasing inflation woes weigh on the antipodeans.
Western sanctions on Russia and tough conditions for China at the NATO meeting likely to exert additional downside pressure.
Major Support Levels:
S1: 93.56 (21-EMA)
S2: 92.28 (55-EMA)
Major Resistance Levels:
R1: 94.18 (20-DMA)
R2: 96.06 (Upper BB)
Summary: AUD/JPY pivotal at 21-EMA support. Technical indicators do not provide a clear direction. Watch out for break below 21-EMA for further weakness.


AUDJPY Extends Four-Day Rally on Yen Weakness: Bullish Dip-Buy Eyes 117-118
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption
BTC, ETH, SOL, XRP, and BNB: Major Crypto Pairs Stay Neutral
FxWirePro: EUR/NZD firms after ECB holds rates steady at 2.25%
FxWirePro: AUD/USD uptrend loses steam, remains on bearish path
FxWirePro: USD/CNY edges higher but bulls lack punch
FxWirePro:USD/JPY hovers near a four-decade low
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus
Major Pair Action Bias: Bullish Pairs to Watch Out For
FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro: GBP/NZD gains some ground but outlook is bearish
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR retreats slightly but bias is bullish
FxWirePro: GBP/USD downtrend loses steam but outlook still bearish
FxWirePro- Woodies pivot (Major)
FxWirePro :USD/JPY eases slightly, remains on bullish path 



