- AUD/JPY has broken major trend line resistance around 85.10 (trend line joining 84.99 and 85.05) and this confirms short term bullishness a jump till 86.15/87.20 cannot be ruled out .
- Overall weakness can be seen only below 83.
- On the downside intraday weakness can be seen below 84.40 and any break below targets 83.90/83.25.
It is good to buy at dips around 85.10-20 with SL around 84.40 for the TP of 86.10/87.20
The material has been provided by InstaForex Company – www.instaforex.com