As the yen lost its force, AUDJPY hits 2 -1/2 years high. As long as support 108.60 holds, the intraday trend is upward. It is now trading about 109.88, having reached an intraday high of 109.95.
Oscillators and moving averages to forecast the trend of AUDJPY
CMP- 110.08
EMA (1-hour chart)
55-EMA- 108.81
200-EMA- 107.86
365-EMA- 107.25. The pair trades above the short and long-term moving averages.
Major Support- 109.20. Any breach below 109.20 will drag the pair down to 108.75/108.25/107.80/107.40/107/106/105.44/105.
Major resistance - 110. Any break above 110 confirms minor bullishness; a jump to 110.78/112 is possible.
Indicator (1-hour chart)
CCI (50)- Bullish
Average directional movement Index- Bullish. All indicators confirm a bullish trend.
It is good to buy on dips around 109.48-50 with SL 108.45 for TP of 112.


FxWirePro- Major Pair levels and bias summary
FxWirePro :USD/JPY bulls loosen their grip a bit, dips to be bought
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure
FxWirePro: GBP/USD advance after softer US inflation dims Fed rate hike bets
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/JPY uptrend loses steam, remains on bullish path
AUDJPY Extremely Bullish Above 113: Strong AUD Fuels Fresh Rally – Buy Dips at 113 Targeting 115
FxWirePro: AUD/USD edges lower, but bullish outlook persists
FxWirePro: NZD/USD steadies around 0.5830,retains bid tone
FxWirePro: GBP/NZD gains some upside momentum but still bearish
GBPUSD, AUDUSD & NZDUSD Turn Extremely Bullish: Strong Positive Momentum Drives Major Pair Action Bias
Major JPY Action Bias — Extremely Bullish Setups in NZD/JPY, AUD/JPY and CAD/JPY
NZDJPY Extremely Bullish Above 94: Broad NZD Buying Fuels Fresh Upside – Buy Dips at 93.70 Targeting 95
FxWirePro: EUR/AUD bears maintain upper hand
FxWirePro: AUD/USD remains buoyant, looks to extend gains 



