AUD/JPY chart - Trading View
AUD/JPY was trading 0.39% higher on the day at 65.07 at around 07:55 GMT.
The pair which is synonymous to risk sentiment has been on a downward spiral since the coronavirus outbreak in early Feb.
Price action has tested 10-year lows at 64.053 and no respite from bears seen.
Efforts by central banks has reset risk across markets, leading to slight upside in the pair.
As the larger economic impact of the pandemic emerges, further pressure on the pair looks imminent.
Technical studies support further weakness in the pair. Next immediate support is seen at 62.271 (July 2002 low).
5-DMA is immediate resistance at 65.928. Break above 200H MA (67.68) could see test of 21-EMA (69.341).


Global Markets React to Strong U.S. Jobs Data and Rising Yields
Pound-Yen Roars Back Above 214: Bulls Reload for 216–217 Charge on Dip-Buying Setup
U.S. Stocks vs. Bonds: Are Diverging Valuations Signaling a Shift?
Fed May Resume Rate Hikes: BofA Analysts Outline Key Scenarios
Mexico's Undervalued Equity Market Offers Long-Term Investment Potential
NZD/JPY Breakout Blast: Kiwi Rocket Smashes 94.50 Resistance, Bulls Lock Sights on 95
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/CAD slips as Canadian dollar firms on hopes for US-Iran ceasefire deal
FxWirePro- Major Pair levels and bias summary
UBS Projects Mixed Market Outlook for 2025 Amid Trump Policy Uncertainty
U.S. Banks Report Strong Q4 Profits Amid Investment Banking Surge
FxWirePro- Major Crypto levels and bias summary
Ethereum Tumbles Below $2K: Bears Eye $1,700 as All Key EMAs Flip Red
FxWirePro: EUR/ NZD dips below lower range, bearish bias increases
FxWirePro: USD/ZAR sell bias remains below key resistance zone
Moldova Criticizes Russia Amid Transdniestria Energy Crisis 



