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AUDJPY Coiled in the 109 Zone – Buy the Dip, 112 in Sight?

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FxWirePro- Currency Strength Index (4- Hour chart)- Currency pairs to watch(USDCAD and GBPUSD)

Tuesday, January 11, 2022 9:20 AM UTC

Pair	Value	Recommendation
GBPUSD	428.60	Strong Buy
USDCAD	-423.65	Strong Sell

GBPUSD

Major resistance- 1.36250

Near-term support- 1.3530

Trend reversal level 1.3400

USDCAD

Major resistance-1.2700

Near-term support- 1.2600

Trend reversal level 1.2850

Above (-150): Sell

Above (-300): Strong Sell

Above 150: Buy

Above 300: Strong Buy

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FxWirePro- Currency Strength Index (4- Hour chart)- Currency pairs to watch(USDCAD and GBPUSD)

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