AUDJPY breaks significant support at 96.85 after a long consolidation. It hits an intraday low of 96.58 and is presently trading at around 96.632. The intraday trend is weak as long as the resistance at 97.25 holds.
Oscillators and moving averages to forecast the trend of AUDJPY
CMP- 96.64
EMA (4-hour chart)
55-EMA- 98.59
200-EMA- 97.96
365-EMA- 97.24. The pair trades below the short and long-term moving averages.
Major Support- 96.50. Any breach below 96.50 will drag the pair down to 96/95/94.39.
Major resistance - 97.25. Any break above 97.25 confirms minor bullishness; a jump to 98/98.81/99.50/100 is possible.
Indicator (4-hour chart)
CCI (50)- Bearish
Average directional movement Index- Bearish. All indicators confirm a bearish trend.
It is good to sell on rallies around 97 with SL around 98 for TP of 95.


Aussie Consolidates After Peak: AUDJPY Bulls Eye a Strategic Entry for the 115.00 Target
FxWirePro- Major European Indices
Ethereum Reclaims Higher Ground: Ether Bulls Target $2,700 as Middle East Tensions Thaw
FxWirePro- Woodies Pivot(Major)
Bitcoin’s Islamabad Watch: BTCUSD Consolidates Near 71,421 USD as Geopolitical Peace Talks Loom
Pound Sterling Power: GBP/JPY Secures Third Day of Gains as Global Risk Tensions Recede
FxWirePro: USD/ JPY slips as yen rallies after Mideast ceasefire declaration
FxWirePro: EUR/AUD claws back some losses but rcovery likely muted
Euro Ascendant: EUR/USD Breaks $1.17 as Geopolitical Relief Sparks a Bullish Surge
FxWirePro: GBP/USD climbs to 4 -week high as ceasefire deal gives bulls traction
FxWirePro: EUR/NZD remains under pressure as key support gives way
Bitcoin Breaks the $70,000 Barrier: Bulls Target the $80,000 Horizon as Geopolitical Relief Ignites Crypto Markets
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/AUD takes back some lost ground
FxWirePro: USD/ZAR slips sharply lower as US-Iran ceasefire lifts risk appetite
Aussie Bulls Charge: AUD/JPY Rallies as Geopolitical Clouds Part 



