AUD/JPY chart - Trading View
AUD/JPY was trading 0.28% higher on the day at 68.73 at around 10:15 GMT.
The pair has bounced off daily cloud support and formation of Dragonfly Doji on Monday's candle has raised scope for further upside.
Price action is now capped between 21 and 5 EMAs. Breakout will provide a clear directional bias.
GMMA indicator shows major and minor trend have gone neutral. Volatility is also low and shrinking.
Sideways grind to continue for now.Whipsaws around 55-EMA likely. Breakout above 110-EMA with support from indicators will take the pair higher.
On the flipside, weekly charts shows price action was rejected at 21W EMA. Break below daily cloud will support further bearishness.
Support levels - 68.46 (21-EMA), 68.01 (cloud top)
Resistance levels - 68.93 (55-EMA), 70.15 (21W EMA)


EUR/JPY Bulls Charge: Eyeing 186.00 as Euro Strength Intensifies
Stock Futures Dip as Investors Await Key Payrolls Data
Moody's Upgrades Argentina's Credit Rating Amid Economic Reforms
FxWirePro: USD/JPY firms as Trump's address on Gulf war spark fresh concerns
FxWirePro- Major Pair levels and bias summary
Gold Prices Slide as Rate Cut Prospects Diminish; Copper Gains on China Stimulus Hopes
Wall Street Analysts Weigh in on Latest NFP Data
Lithium Market Poised for Recovery Amid Supply Cuts and Rising Demand
FxWirePro- Woodies Pivot(Major)
Euro Retreats as Geopolitical Tensions Surge: EURUSD Eyes 1.1400 Floor Amid Safe-Haven Demand
Aussie Retreats Against the Yen: AUDJPY Bears Target 108 as 110 Resistance Holds Firm
FxWirePro- Major Pair levels and bias summary
US Futures Rise as Investors Eye Earnings, Inflation Data, and Wildfire Impacts
FxWirePro: USD/ZAR sustains gains as uptrend remains strong
Indonesia Surprises Markets with Interest Rate Cut Amid Currency Pressure
US Gas Market Poised for Supercycle: Bernstein Analysts
FxWirePro: GBP/NZD range to extend until there is game changing news 



