AUD/JPY chart - Trading View
AUD/JPY was trading largely unchanged on the day at 81.68 at around 13:50 GMT.
The Aussie remains depressed on coronavirus fears and amid looming Australian-Sino tensions. Coronavirus cases spike in Australia.
Risk-on environment undermined the safe-haven demand for Japanese yen and extended support to the pair, limiting downside.
The pair was rangebound with session high at 81.83 and low at 81.54, hovers around 110-EMA.
Upside was capped at 200-DMA on Friday's trade, decisive break above required for upside continuation.
Technical indicators support upside. Momentum is with the bulls. GMMA indicator shows minor trend has turned bullish.
Price action has re-entered the daily cloud, decisive break above 200-DMA will see upside continuation.
Next major hurdle for bulls above 200-DMA lies at cloud top at 82.52 ahead of 61.8% Fib at 82.78. Rejection at 200-DMA and retrace below 55-EMA negates any further upside.


FxWirePro: USD/ZAR uptrend loses steam, remains on bullish path
FxWirePro: GBP/AUD gains some upside momentum but still bearish
FxWirePro: EUR/ AUD gains some ground , but remains on bearish path
FxWirePro: EUR/NZD up trend gains momentum but hurdles ahead
FxWirePro: GBP/NZD maintains bersish bias with focus on 2.2900 level
FxWirePro- Major Pair levels and bias summary
NZDJPY Pullback: Sell Rallies Toward 93.30 as Yen Weakness Eases
Major Pairs Action Bias: USDCAD and USDCHF Stand Out as Extremely Bullish While GBPUSD and NZDUSD Turn Extremely Bearish
FxWirePro: USD/CAD gaining momentum for a move towards 1.4200 level
FxWirePro: USD/ZAR retreats but trend is still bullish
EUR/USD Bounces from Monthly Low, But Bearish Pressure Remains
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro- Major Pair levels and bias summary
Crypto Action Bias: ETHUSD Stands Out as the Bullish Pair to Watch
FxWirePro- Woodies pivot (Major)
JPY Action Bias: USDJPY Emerges as the Clear Bullish Pair to Watch Amid Mixed Crosses 



