Our call for AUD/JPY (http://www.econotimes.com/FxWirePro-AUD-JPY-bounces-of-trendline-support-good-to-buy-dips-170177) has hit all targets.
- The pair has broken above strong trendline resistance at 81.90 and there is scope for test of 83.60 levels.
- The pair hit highs of 82.56 and has since pared some gains and is currently trading around 82.38 levels.
- A close above 81.90 would support further upside, next resistance for the pair lies at 83.40 (Jan 13th highs). Immediate support is at 81.90 (trendline) and then 81.50 (5-DMA).
- We see a bullish 5-DMA crossover on 10-DMA, Stcohs are biased higher but have approached overbought levels, so some caution advised.
Recommendation: Book full profits on the earlier call. Go long on close above 81.90, target 83.40/60, SL: 81.50


FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop
FxWirePro: AUD/USD in holding pattern as market await fresh catalyst
FxWirePro: GBP/AUD edges higher but bulls lack punch
FxWirePro:' USD/CAD faces downside risk below 1.4000
FxWirePro- Major Crypto levels and bias summary
AUDJPY Holds Firm Above 112 on Broad Yen Weakness: Buy Dips Toward 115
FxWirePro- Woodies pivot (Major)
Nikkei Blasts Past 67K: AI Chip Frenzy Ignites 9% Surge From Yen Intervention Bottom
Major Pair Currency Score: GBPUSD and AUDUSD Extremely Bullish, NZDUSD Bullish
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CNY hovers near 3-1/2-year low ahead of U.S. data
FxWirePro: USD/ZAR edges higher after weak SA jobs and manufacturing data
FxWirePro: EUR/AUD dips as Aussie gains after RBA decision
FxWirePro: GBP/USD trades sideways as markets await U.S. inflation and UK GDP data
FxWirePro: EUR/AUD bears maintain upper hand
GBPJPY Consolidates Above 215 on Bullish Momentum: Buy Dips Toward 217
FxWirePro: GBP/NZD gains some upside momentum, but outlook is bearish 



