FxWirePro

AUD/JPY Short term outlook

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FX:AUDJPY   澳元/日元
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AUD/JPY has broken major resistance at 99.38 (trend line resistance joining 96.50 and 98.66) and reach till 100.97 (76.4% retracement of 105.42 and 86.39) cannot be ruled out.
Minor support is around 98.80. On the downside break below 98.80 will target 98.25/98.
Short term trend reversal only below 98.
Recommendation: Buy AUD/JPY around 99.50, SL 98.79, Target 100.97
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