AUD/JPY chart - Trading View
AUD/JPY was trading largely unchanged on the day at 81.68 at around 13:50 GMT.
The Aussie remains depressed on coronavirus fears and amid looming Australian-Sino tensions. Coronavirus cases spike in Australia.
Risk-on environment undermined the safe-haven demand for Japanese yen and extended support to the pair, limiting downside.
The pair was rangebound with session high at 81.83 and low at 81.54, hovers around 110-EMA.
Upside was capped at 200-DMA on Friday's trade, decisive break above required for upside continuation.
Technical indicators support upside. Momentum is with the bulls. GMMA indicator shows minor trend has turned bullish.
Price action has re-entered the daily cloud, decisive break above 200-DMA will see upside continuation.
Next major hurdle for bulls above 200-DMA lies at cloud top at 82.52 ahead of 61.8% Fib at 82.78. Rejection at 200-DMA and retrace below 55-EMA negates any further upside.


FxWirePro- Woodies pivot (Major)
FxWirePro: AUD/USD edges lower as risk appetite sours on Geopolitical woe
FxWirePro: USD/JPY nears 160 as intervention risk intensifies
FxWirePro: USD/CAD steadies around 1.3840 ,retains bid one
FxWirePro: EUR/AUD dips towards 1.6200 level, scope for further downside
FxWirePro: GBP/NZD gains some ground but outlook is bearish
FxWirePro- Major Pair levels and bias summary
EUR/USD Under Siege: Bearish EMA Stack Eyes 1.1525 as Iran Ceasefire Talks Crumble
FxWirePro: GBP/AUD regains upwards momentum but unable to hold above 38.2% fib
FxWirePro :AUD/USD softens as GDP slightly undershoots forecast
FxWirePro- Major Pair levels and bias summary
Aussie-Yen Pulls Back to 114 — But Bulls See a Dip-Buying Run to 117
FxWirePro: GBP/NZD edges higher but outlook is bearish
GBPJPY Takes a Breather at 215 After Three-Week Rampage; Bulls Reload for 216–217
GBP/JPY Bulls Reload at 214: Triple EMA Support Eyes 216–217 Breakout 



