The currency pair initiates another uptrend and remains in an upside move.
The bulls are still dominating the market at the moment.
AUDJPY Weekly Price Analysis – March 31
AUDJPY pair initiates another uptrend with an increase in buying pressure and also maintains its bullish race. If the buy traders could prove stronger and the price is retained above the $99.66 previous high value, its upside moves could extend further to reach a $100.000 high level and beyond.
AUDJPY Market
Key Levels:
Resistance levels: $95.00, $96.00, $97.00
Support levels: $87.00, $86.00, $85.00
AUDJPY Long-term Trend: Bullish
Despite the interference of sellers in the price flow, the daily chart market of AUDJPY initiates another uptrend while showing a bullish race. 
Price is trading above the supply channel again. This however confirms the presence of a more bullish impact on the currency pair.
The sustained bullish pressure on the 25th of March at the $99.08 supply level has made it possible for the Yen to initiate another uptrend in its recent price level.
At the time of writing this article, the bulls initiated another uptrend to a high at the $98.62 mark above the EMA-50 as the daily chart opens today. This however indicates an uptrend in the momentum of the price of the Yen.
Increased momentum by the bulls moves the market price of AUDJPY further up to the $98.78 resistance level as it journeys up north. This shows the high impact of the buy investors on the Yen market; likewise, the downside risk remained uncertain.
Next, the momentum indicator pointing upwards suggests the continuation of the bullish trend. As a result, the price of AUDJPY might retest the previous high of $99.66 value which can further extend to the $100.00 upper resistance value in the coming days in its long-term outlook.
AUDJPY Medium-term Trend: Bullish
The AUDJPY is also displaying a bullish posture. The pair also initiates another uptrend in its medium-term outlook. This is due to the high inflow from the long traders. 
The increase in the momentum by the bulls at the $98.60 supply value during the past session has enabled the currency pair to initiate another uptrend in recent times.
Today, the bulls initiate another uptrend by pushing the AUDJPY price slightly above the EMA-50 as the 4-hourly chart resumes. If the bulls should increase their price action, and a bullish momentum is sustained above the $99.86 resistance trend lines, further bearish sentiment will be hibernated.
Furthermore, the daily stochastic signals an uptrend, if the bulls could push harder and sustain the coin price above the $99.86 previous high mark, the resulting rally may surpass the $100.00 level at the upside as it initiates another uptrend in its medium-term perspective.
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