The AUD/JPY declined slightly on Australian weakness. It reached an intraday low of 97.55 and is currently trading around 97.554. The intraday trend remains bearish as long as the resistance at 98 holds.
The pair is trading below 55 and 200 EMA and 365 EMA (long-term) on the 15-minute chart, confirming a bearish trend. Any close below 97.20 indicates a weak intraday trend. A dip to 97/96.75/96.30/96/ 95.50/95/94.40/93.95/93 is possible. Immediate resistance is at 98, a breach above this level targets 98.50/98.75/100/100.42.
Market Indicators ( 15-min chart)
CCI (50)- Bearish
Directional movement index - Bearish
Trading Strategy: Sell
It is good to sell on rallies around 97.68-70 SL around 98.10 for a TP of 95.50.


EURGBP Buckles Under Sterling Surge – Bears Eye 0.8600 as 0.8800 Ceiling Holds Firm
FxWirePro: USD/ZAR outlook weaker on renewed downside pressure
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/JPY dips below lower range, bearish bias increases
EURJPY Carves Triple Bottom at 180.20 – Bulls Ready to Storm 182-183 as Breakout Momentum Builds
FxWirePro: GBP/AUD positions for another drop, eyes 2.0100 level
Ethereum Holds Firm Above $3,100 Despite Dip – Fresh Breakout to $3,600+ Looming as Bulls Defend Key Support
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major European Indices
AUDJPY Rangebound: Bulls Hold 102, Watch for Breakout Above 102.85
FxWirePro- Major US Indices
GBPJPY Eyes 208: Pound Pulls Back, Bulls Guard 206
CAD/JPY Rockets on Blowout Canadian Jobs Surprise – Bulls Target 113-115 as BoC Cut Odds Collapse
FxWirePro: USD/CAD outlook weaker on renewed downside pressure
FxWirePro- Woodies Pivot(Major) 



