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AUDJPY Bears Poised: Sell Rallies at 111.55 for 108 Target with 112.20 Stop 
- Copper edges higher after failure to close below 100-DMA.
- However, upside seen struggling at 50-DMA at 2.6742 which is also major trendline resistance.
- We have evidenced a bearish RSI divergence which keeps downside bias intact.
- Momentum studies are neutral, break above trendline could see test of 2.767 (Mar 1 high).
- On the flipside break below 100-DMA could see scope for test of 2.485 (trendline support).
Support levels - 2.6535 (5-DMA), 2.6452 (20-DMA), 2.6204 (100-DMA), 2.485 (trendline)
Resistance levels - 2.685 (session high), 2.70, 2.7151 (cloud top), 2.752 (Nov 28 high)
TIME TREND INDEX OB/OS INDEX
1H Bullish Neutral
4H Neutral Neutral
1D Neutral Neutral
1W Neutral Neutral
