Intraday trend- Bearish
Short term trend- Bearish
- AUD/JPY has recovered till 92.02 after making a low of 89.33. Overall trend is weak as long as resistance 92.40 holds.
- On the lower side any break below 91.40 will target 90.80/90.25.
- The break of major resistance 92.40 will target 93.10/94 in short term.
- Bearish invalidation only above 92.40.
It is good to sell on rallies around 91.60-70 with SL around 92.41 for the TP of 90.25
The material has been provided by InstaForex Company – www.instaforex.com