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FxWirePro- Major Pair levels and bias summary 
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FxWirePro- Major US Indices 
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- AUD/JPY has closed last week's trade with a gravestone Doji formation.
- Technical studies have turned slightly bearish, the pair now capped below 5-DMA at 85.74.
- RSI and Stochs have rolled over from overbought zone and MACD has shown a bearish crossover.
- AUD/JPY is currently struggling to extend downside below 20-DMA currently at 85.17.
- Decisive close below will see drag till 81 levels.
- Support levels - 85.16 (20-DMA), 85, 84.65 (Dec 19 low), 84, 83.76 (Dec 5 low), 83.16 (Nov 28 low)
- Resistance levels - 85.73 (5-DMA), 86 (Dec 19 high), 87, 87.14 (Dec 16 high)
Recommendation: Good to short close below 20-DMA at 85.16, target 84.65/84/83.75. Bearish invalidation above 87.53.
FxWirePro's Hourly AUD Spot Index was at -122.193 (Highly Bearish), while Hourly JPY Spot Index was at 109.91 (Highly Bullish) at 0400 GMT. For more details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.
