AUD/JPY chart - Trading View
AUD/JPY was trading 0.10% higher on the day at 78.19 at around 11:05 GMT, outlook remains bullish.
The pair is on a bull run since March lows of 59.86 and is currently extending a 7-day winning streak.
Upbeat China data which strengthen expectations of recovery in the world's second largest economy bode well for the antipodeans.
Upside in the pair is also supported by bullish technical studies. Rising volatility and strong bullish momentum to carry prices higher.
The pair trades above weekly cloud after a long time (last seen in Feb 2018). Chikou span is biased higher.
Immediate hurdle for the bulls lies at 61.8% Fib at 78.67. Decisive break above will see test of 200W MA at 79.86.
On the flipside, pullbacks have found strong support at 21-EMA at 76.58. Break below could see further downside. Bullish invalidation only below 200-DMA.


FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/ NZD bulls gain momentum,eyes level 2.0000
EURJPY Dips on NFP Firepower But Stays Bullish Above 184—Load Up Near 185 for a Run to 188
FxWirePro: GBP/AUD bulls gain momentum on hot U.S. Jobs data
FxWirePro: GBP/USD neutral in the near-term, scope for downward resumption
FxWirePro- Major Pair levels and bias summary
GBP/JPY Bulls Reload at 214: Triple EMA Support Eyes 216–217 Breakout
FxWirePro: GBP/NZD stuck in narrow range , outlook bearish
NFP Shockwave Wipes Out EURUSD Gains as King Dollar Roars Back; Bears Target 1.1525
FxWirePro- Woodies pivot (Major)
Aussie-Yen Pulls Back to 114 — But Bulls See a Dip-Buying Run to 117
NZDJPY Bulls Reload: Why 93.50 Is the Line in the Sand for a Run to 97
FxWirePro- Major Crypto levels and bias summary
AUDJPY Reclaims 114: Bears Growl in the Short Term, But Bulls Hold the Line
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: USD/CAD extends gains as U.S. dollar gains momentum after strong U.S. NFP data 



