- AUD/JPY is extending gains above 84 handle after breakout at 20-DMA resistance.
- Technical studies are biased higher. RSI has shown a rollover from oversold levels.
- Stochs are biased higher and MACD is showing a bullish crossover on signal line.
- Further, we see bullish divergence on Stochs which raises scope for further upside in the pair.
- The pair is on track to test 85 levels (4H 200-SMA). Breakout there could see next major resistance at 86.18 (61.8% Fib).
- On the flipside, 20-DMA is strong support at 83.56. Break below could see weakness.
Support levels - 83.56 (20-DMA), 83.47 (5-DMA), 83
Resistance levels - 84.39 (38.2% Fib), 84.86 (4H 200-SMA), 85, 86.18 (61.8% Fib)
Call update: Our previous call (https://www.econotimes.com/FxWirePro-AUD-JPY-breaks-above-20-DMA-good-to-go-long-on-dips-1195769) is progressing well.
Recommendation: Bias higher, stay long for targets.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest.


FxWirePro: GBP/NZD downtrend extends, remains on bearish path
Major European Indices Trend Scores: DAX & CAC40 Hit Perfect 100, FTSE100 at 85 — All Bullish with Key Levels to Watch
Crypto Action Bias: BNB/USD Leads Bullish Momentum as Major Pairs Neutralize
FxWirePro- Major Crypto levels and bias summary
FxWirePro: AUD/USD grinds higher amid risk appetite revival
FxWirePro- Major Pair levels and bias summary
EUR/USD Retraces After 1.1555 Peak: Technical Levels Point to 1.1600
AUDJPY Momentum Fades at 111: Sell Rallies to 108 as Bearish EMAs Dominate
AUDJPY Bounces 150 Pips on Short Covering — Sell Rallies at 111.40 Targeting 108 as Higher EMAs Stay Bearish
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/ZAR extends decline, scope for further downside
FxWirePro- Woodies pivot (Major)
Bitcoin Bulls Hold Key EMAs Above $64,000—Is a Rally Toward $70,000 Next?
FxWirePro : USD/JPY slips as Yen firms on further Intervention talk
NZDJPY Bears Reload: Sell Rallies to 90 as All EMAs Turn Hostile 



