AUDJPY TECHNICAL ANALYSIS SHORT TERM VIEW
AUDJPY has strong support 94.65 to 95.10 levels and it can rise towards towards 100 levels without touch 94.25 level .Overall trend is positive and as long as it hold support it can rise towards 106 level as well.Inner calculations suggesting for intraday purpose 94.25 stop loss and it can rise for 95.90,96.10 and final target 96.50 levels respectively.
QUICK FUNDAMENTAL LOOK
The Australian and New Zealand dollars were in a holding pattern ahead of the Federal Reserve rate decision on Wednesday, while local bonds took a beating as surging oil prices added to concerns that interest rates will stay higher for longer.
POC = Risk is a part of trading, use caution when placing orders and take market advice only into account.