AUD/JPY chart - Trading View
- AUD/JPY is trading at 78.110, up 0.40% at 1130 GMT.
- The pair was rejected at 110-EMA and is extending weakness.
- Price action has slipped below 50-DMA and has broken into daily cloud.
- Momentum is with the bears, upside in the pair lacks traction.
- Immediate resistance is seen at 5-DMA at 78.49, break above eyes 50-DMA at 78.69.
- On the flipside, weakness till cloud base at 77.11 likely. Break below cloud will see further weakness.
Support levels - 77.44 (Feb 8 low), 77.11 (cloud base), 77
Resistance levels - 78, 78.50 (5-DMA), 78.69
Recommendation: Good to stay short on upticks at 78.20, SL: 78.70, TP: 77.50/ 77.15
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.


FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro- Woodies Pivot(Major)
Trump’s "Shock and Awe" Agenda: Executive Orders from Day One
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies Pivot(Major)
UBS Projects Mixed Market Outlook for 2025 Amid Trump Policy Uncertainty
US Futures Rise as Investors Eye Earnings, Inflation Data, and Wildfire Impacts
2025 Market Outlook: Key January Events to Watch
S&P 500 Relies on Tech for Growth in Q4 2024, Says Barclays
FxWirePro- Major Crypto levels and bias summary
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92
Bank of America Posts Strong Q4 2024 Results, Shares Rise
China's Refining Industry Faces Major Shakeup Amid Challenges
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865 



