AUD/JPY chart - Trading View
AUD/JPY was trading largely unchanged at 69.35 at around 09:42 GMT. The pair has bounced off session lows at 69.03, holds support at 55-EMA.
Momentum studies are bullish, however, 'Doji' on the daily candle suggest selling pressure at highs.
Analysis of GMMA indicator shows major trend is neutral, while minor trend is bullish.
Breakout above daily cloud and 55-EMA reinforces upside bias. The pair is on track to test 61.8% Fib at 70.17.
Australia inflation data (due Wednesday at 01:00 GMT) will be in focus for further impetus.
Price continues to remain at the mercy of risk trends, turnaround in the risk sentiment can support further gains.
Break above 61.8% Fib eyes 110-EMA (70.57). On the flipside, failure to hold above 55-EMA negates any bullish bias.
Support levels - 68.90 (55-EMA), 68.10 (21-EMA), 67.82 (20-DMA)
Resistance levels - 70.17 (61.8% Fib), 70.36 (21W EMA), 70.57 (110-EMA)


FxWirePro: EUR/AUD downward momentum remains in place
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR sell bias remains below key resistance zone
Bank of America Posts Strong Q4 2024 Results, Shares Rise
FxWirePro: USD/CNY bears maintain upper hand
U.S. Stocks vs. Bonds: Are Diverging Valuations Signaling a Shift?
UBS Projects Mixed Market Outlook for 2025 Amid Trump Policy Uncertainty
FxWirePro: USD/JPY edges higher but bulls lack punch
Ethereum Tumbles Below $2K: Bears Eye $1,700 as All Key EMAs Flip Red
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
Urban studies: Doing research when every city is different
Bitcoin Bleeds $704M in ETF Outflows as Institutional Exodus Accelerates
FxWirePro- Major Crypto levels and bias summary
Indonesia Surprises Markets with Interest Rate Cut Amid Currency Pressure
FxWirePro: USD/CAD bulls continue to hold the higher ground
FxWirePro: EUR/ NZD dips below lower range, bearish bias increases
FxWirePro: USD/ZAR slips as SARB delivers surprise rate hike 



