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Chart - Courtesy Trading View
AUD/JPY was trading 0.32% higher on the day at 90.47 at around 10:10 GMT.
The pair is extending bullish streak for the seventh consecutive session, bias higher.
MACD shows continuation of uptrend. ADX is rising with +ve DMI dominance, supports further gains.
The pair has broken sideways trend on the monthly charts and has spiked past 200-month MA.
GMMA indicator shows major and minor trend are strongly bullish on the daily, weekly and monthly charts.
Volatility is high and momentum is bullish. Oscillators are at overbought levels, but no signs of reversal seen.
The pair has hit seven-year highs at 90.66, bullish technicals will aid further gains, scope for test of 92 levels.
