The AUD/JPY holds above 96.50 on weak yen. It reached a high of 96.67 and is currently trading around 96.617. The intraday trend remains bullish as long as support at 95 holds.
The pair is trading above the 55 and 200 EMA, and below the 365 EMA (long-term), on the one-hour chart, confirming a bullish trend. Any violation below 96.40 indicates the intraday trend is weak. A dip to 96/ 95.50/95/94.40/93.95/93 is possible. Immediate resistance is at 96.70, a breach above this level targets 97.20/97.64/98.
Market Indicators ( 60 min chart)
CCI (50)- Bullish
Directional movement index - neutral
Trading Strategy: Buy
It is good to buy on dips around 96.40 with SL around 96 for a TP of 97.20/98.


FxWirePro: EUR/ AUD gains slightly but remains on bearish path
AUD/JPY: Bullish Momentum Continues in JPY Major Pairs
FxWirePro: USD/ZAR bears maintain upper hand
FxWirePro: EUR/NZD neutral in the near term, scope for downward resumption
FxWirePro: GBP/AUD stuck in range but maintains bearish bias
FxWirePro: USD/CNY hovers near 3 -1/2 year low , outlook bearish
FxWirePro- Major Pair Currency Score (AUDUSD Bullish)
FxWirePro: USD/JPY hovers near 160, outlook bullish
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies Pivot (Major)
Bitcoin Eyes $90K as $3B ETF Inflow Streak Overpowers Hawkish Fed
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CNY dips as dollar weakens on US-Iran escalation
NZDJPY Faces Downward Pressure as 95.40 Resistance Holds Firm
FxWirePro: NZD/USD edges higher ahead of RBNZ decision
FxWirePro: GBP/NZD uptrend loses steam, remains on bearish path 



