Wall Street Analysts Weigh in on Latest NFP Data 
Oil Prices Dip Slightly Amid Focus on Russian Sanctions and U.S. Inflation Data 
Lithium Market Poised for Recovery Amid Supply Cuts and Rising Demand 
Global Markets React to Strong U.S. Jobs Data and Rising Yields 
China’s Growth Faces Structural Challenges Amid Doubts Over Data 
U.S. Banks Report Strong Q4 Profits Amid Investment Banking Surge 
U.S. Treasury Yields Expected to Decline Amid Cooling Economic Pressures 
AUD/JPY chart - Trading View
AUD/JPY has been extending sideways below 21-EMA which is capping upside in the pair.
The pair was trading 0.19% higher on the day at 66.646 at around 09:20 GMT, with session highs at 67.270 and lows at 65.988.
China’s official Manufacturing and Non-Manufacturing PMIs for March released earlier on Tuesday surprised markets with upbeat numbers.
The headline manufacturing PMI stood at 52.00, beating forecast at 45 while the Non-Manufacturing PMI rose to 52.3 compared to 37.8 expected.
Upbeat China PMI data are likely to ease fears regarding a deeper coronavirus-led economic slowdown across the globe, thereby supporting the pair higher.
Momentum studies are bullish. Bullish divergence on Stochs and RSI adds to the bullish bias.
Break out at 21-EMA could fuel more gains. Scope for test of 61.8% Fib at 70.17. Rejection at 21-EMA negates any bullish bias.
