AUDJPY: Bullish Momentum Holds on Strong Support

Hello Everyone,

AUDJPY has recently revisited the 1M Pivot Point at 95.948, as well as prior 1M Support levels, as discussed in the previous analysis on AUD/JPY (). Notably, these levels have served as support. Presently, there is a dense cluster of support around various timeframes, notably 1D, 1W, and 1M, indicating a robust support zone that typically signals a continuation of bullish momentum. Confirmation for further upward movement will be sought beyond stable and secure price points above the 1D, 1M, and 1W Pivot Points.

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