The AUD/JPY pared some of its gains despite a strong trade balance. It reached a high of 97.30 and is currently trading around 96.72. The intraday trend remains bullish as long as support at 96 holds.
The pair is trading below the 55 EMA and above the 200 EMA and 365 EMA (long-term) on the one-hour chart, confirming a bullish trend. Any violation below 96.60 indicates the intraday trend is weak. A dip to 96/ 95.50/95/94.40/93.95/93 is possible. Immediate resistance is at 97.30, a breach above this level targets 97.64/98.
Market Indicators ( 60 min chart)
CCI (50)- Bearish
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.


CAD/JPY Rockets on Blowout Canadian Jobs Surprise – Bulls Target 113-115 as BoC Cut Odds Collapse
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/AUD force is with bears as pair hits low since June 11th
FxWirePro: USD/CAD outlook weaker on renewed downside pressure
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/JPY dips below lower range, bearish bias increases
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption
FxWirePro: GBP/AUD positions for another drop, eyes 2.0100 level
FxWirePro- Major US Indices
FxWirePro- Woodies Pivot(Major)
NZDJPY Eyes Breakout: Buy the Dip as Bulls Guard 88.70
FxWirePro: GBP/AUD downtrend extends ,eyes 23.6%fib support
FxWirePro: EUR/CAD tumbles as strong Canadian jobs data fuels BoC rate-hike bets
FxWirePro: USD/ZAR outlook weaker on renewed downside pressure
FxWirePro: USD/CAD downside pressure builds, key support level in focus
EURGBP Buckles Under Sterling Surge – Bears Eye 0.8600 as 0.8800 Ceiling Holds Firm
AUDJPY Rangebound: Bulls Hold 102, Watch for Breakout Above 102.85 



