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AUD/JPY chart - Trading View
AUD/JPY was trading 1.22% higher on the day at 65.58 at 11:45 GMT, after closing 0.81% higher in the previous session.
The pair was extending gains for the 4th straight session, bias is turning higher.
Price action has broken above 5-DMA and is on track to test 21-EMA at 67.365.
Stochs and RSI have rolled over from oversold levels and are biased higher.
A 'bullish divergence' on RSI and Stochastics adds to the upside bias.
Immediate resistance lies at 38.2% Fib at 66.23, break above eyes 21-EMA at 67.34.
5-DMA is immediate support at 64.03. Retrace below negates near-term upside bias.
