AUDJPY TECHNICAL ANALYSIS SHORT TERM VIEW
AUDJPY has strong support 93 to 94.65 levels and it can rise towards towards 98 levels without touch 91.75 level as shown in graph .Overall trend is positive and as long as it hold support it can rise towards 98 level sharply l.Inner calculations suggesting for intraday purpose 91.75 stop loss and it can rise for 95.10, 95.50 and final target 96 levels respectively.Wave 3 should take AUDJPY sharply above 100 level without touch 91.75 level.
QUICK FUNDAMENTAL LOOK
AUD/JPY trading into the upside, but momentum remains limited.Aussie trade figures are helping prop the AUD back up.Tuesday's wild chart spike is still engulfing price action, breaking technical indicators and throwing average into a tailspin.
POC = Risk is a part of trading, use caution when placing orders and take market advice only into account.