Intraday trend- neutral
Short term trend- Bearish
- AUD/JPY has made a low of 90.91 and slightly recovered from that level. Short term trend is bearish as long as resistance 92.10 holds.
- On the lower side minor support is around 91 any break below will target 90.30/89.35.
- The break of major resistance 92.10 will target 93/94 in short term.
It is good to sell on rallies around 91.50-55 with SL around 92.10 for the TP of 90.35/89.60.
The material has been provided by InstaForex Company – www.instaforex.com