Intraday trend- Bearish
Short term trend- Bearish
AUD/JPY recovered till 92.25 and retreated from that level. Overall trend is weak as long as resistance 92.40 holds.
On the lower side minor support is around 91 and break below targets 90/89.35.
The break of major resistance 92.40 will target 94/95 in short term.
Bearish invalidation only above 92.40.
It is good to sell on rallies around 91.65-70 with SL around 92.41 for the TP of 90/89.60
The material has been provided by InstaForex Company – www.instaforex.com