AUD/JPY chart - Trading View
AUD/JPY has erased early losses and has edged higher from session lows at 71.22.
The pair was trading 0.09% higher on the day at 71.57 at around 08:20 GMT, scope for further upside.
Price action is extending bounce off 110-EMA support and is on track to test 200-DMA at 72.09.
Analysis of the GMMA indicator shows minor trend is strongly bullish, while major trend is turning bullish.
Momentum indicators support gains. RSI is above 60 and biased higher. Volatility is rising as evidenced by widening Bollinger bands.
Next major hurdle for bulls aligns at 200-DMA at 72.09. Decisive break above will propel the pair higher.
On the flipside, 110-EMA is strong support at 70.32. Failure to hold above will see minor weakness.
Support levels - 70.88 (5-DMA), 70.32 (110-EMA), 69.42 (55-EMA)
Resistance levels - 72.09 (200-DMA), 72.60 (76.4% Fib), 72.78 (55W EMA)


EURJPY Dips on NFP Firepower But Stays Bullish Above 184—Load Up Near 185 for a Run to 188
FxWirePro: USD/JPY on nervous hold around 160.00
NFP Shockwave Wipes Out EURUSD Gains as King Dollar Roars Back; Bears Target 1.1525
NZDJPY Bulls Reload: Why 93.50 Is the Line in the Sand for a Run to 97
GBPJPY Claims 215: Sterling Bulls Forge Ahead with Locked-In Momentum
FxWirePro: EUR/ NZD bulls gain momentum,eyes level 2.0000
FxWirePro: EUR/NZD tight ranges prevail as market waits for fresh catalyst
EUR/USD Under Siege: Bearish EMA Stack Eyes 1.1525 as Iran Ceasefire Talks Crumble
FxWirePro: AUD/USD softens as risk appetite abates
FxWirePro: GBP/NZD stuck in narrow range , outlook bearish
FxWirePro: GBP/NZD climbs as robust U.S. employment figures triggers renewed buying interest.
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies pivot (Major)
FxWirePro: EUR/AUD holds narrow range, focus on near-term support
FxWirePro: EUR/AUD jumps as payrolls surprise fuels upside
FxWirePro- Major Crypto levels and bias summary 



