AUD/JPY stays supported as long as the 97.81 pivot holds. RSI is above 50, pointing to bullish momentum, though the MACD remains below its signal line, suggesting possible retracement. Price trades above both the 20- and 50-period moving averages (98.05 & 98.01), keeping the overall bias bullish. Upside targets stand at 98.56, while a break below 97.81 would expose 97.58 and 97.44.
✅ Signal Setup:
- Type: Buy
- Entry: 97.90 (above pivot)
- Stop Loss (SL): 97.58
- Target A (TP1): 98.30
- Target B (TP2): 98.56