Chart - Courtesy Trading View
Technical Analysis:
- AUD/JPY was trading 0.40% lower on the day at 90.11 at around 11:40 GMT.
- Price action has resumed weakness after a brief pause, scope for further downside
- The pair has slipped below daily cloud and 55-week EMA
- Stochs and RSI are sharply lower and bearish RSI divergence adds to the downside bias
- GMMA indicator shows minor trend has turned bearish, while major trend is neutral
Support levels:
S1: 89.75 (Rising trendline)
S2: 88.35 (Lower W BB)
Resistance levels:
R1: 90.83 (5-DMA)
R2: 91.38 (21-EMA)
Summary: AUD/JPY trades with a bearish bias. Scope for test of trendline support at 89.75. Retrace above daily cloud will negate any further downside.


EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
FxWirePro- Major European Indices
FxWirePro- Major Pair levels and bias summary
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption
EUR/JPY Holds Bullish Bias Post-ECB Pause: Buy Dips Toward 185 as 182 Support Stands Firm
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
FxWirePro: GBP/USD climbs above 1.34 after BoE's relatively hawkish cut
AUD/JPY Stalls Ahead of BOJ Decision: Sell on Rallies as Bearish Bias Holds Below 103.70
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 



