The AUD/JPY trades in a narrow range with a negative bias. It hit an intraday low of 94.40 and is currently trading around 94.603. Intraday trend is bearish as long as the resistance at 95.35 holds.
‘The pair is trading below 55 and 200 EMA and 365 EMA (long-term) on the 4-hour chart, confirming a bearish trend. Any violation below 94.40 indicates the intraday trend is weak. A dip to 93.95/93 is possible. Immediate resistance is at 95.35. A breach above this level targets 95.80/96.20/96.50/96.85/97.20/97.64/98.
Market Indicators ( 4-hour chart)
CCI (50)- Bearish
Directional movement index - Bearish
Trading Strategy: Sell
It is good to sell on rallies around 95.32-35 with SL around 96 for a TP of 93.


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: USD/CAD outlook weaker on renewed downside pressure
FxWirePro: NZD/USD sustains gains as uptrend remains strong
CAD/JPY Rockets on Blowout Canadian Jobs Surprise – Bulls Target 113-115 as BoC Cut Odds Collapse
Ethereum Holds Firm Above $3,100 Despite Dip – Fresh Breakout to $3,600+ Looming as Bulls Defend Key Support
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption
FxWirePro: GBP/NZD edges higher but bearish outlook persists
NZDJPY Eyes Breakout: Buy the Dip as Bulls Guard 88.70
FxWirePro: GBP/NZD slide lower shifts pressure to the downside
FxWirePro: AUD/USD consolidates gains ,remains on positive footing
FxWirePro: GBP/AUD positions for another drop, eyes 2.0100 level
FxWirePro: USD/ZAR outlook weaker on renewed downside pressure 



