Thursday, October 15, 2026

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FxWirePro: AUD/JPY upside stalls at 200-DMA, good to long break above

AUD/JPY fails to hold gains above 200-DMA, edges lower from session highs at 80.31. Momentum studies are bullish, break above likely to test 81.50 levels. Major support levels - 79.45 (5-DMA), 79(20-DMA), 78.72 (Oct 21 l…

By FxWirePro Team
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FxWirePro: AUD/JPY upside stalls at 200-DMA, good to long break above
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  • AUD/JPY fails to hold gains above 200-DMA, edges lower from session highs at 80.31.
     
  • Momentum studies are bullish, break above likely to test 81.50 levels.
     
  • Major support levels - 79.45 (5-DMA), 79(20-DMA), 78.72 (Oct 21 low)
     
  • Major resistance levels - 80.12 (200-DMA), 80.79 (June 1 high), 81, 81.50 (trendline)
    ​

Recommendation: Good to go long on breakout above 200-DMA at 80.12, SL: 79.40, TP: 80.75/81/81.50
 

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By FxWirePro Team