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Chart - Courtesy Trading View
AUD/JPY was trading 0.81% higher on the day at 93.44 at around 11:10 GMT, outlook bullish.
The pair has bounced off after back-to-back spinning top and Doji formations in the previous two sessions.
The pair has paused downside at 200H MA and any weakness only on break below.
The Japanese yen weakened across the board after the Bank of Japan cut its assessment for most regional economies.
Further weighing on the yen was BoJ Governor Haruhiko Kuroda's warning of very high uncertainty over the fallout from the Ukraine crisis.
Momentum in the pair is bullish, Stochs and RSI are biased higher. MACD and ADX support upside.
Support levels - 93.07 (5-DMA), 92.47 (200H MA), 90.88 (20-DMA)
Resistance levels - 94, 94.31 (Yearly high), 95.64 (Upper BB)
Summary: AUD/JPY trades with a bullish bias. Pullback has held support at 200H MA and any major weakness only on break below. Resumption of upside will see neat immediate resistance at 94.68 (76.4% Fib).
