AUD/JPY Daily Outlook
AUD/JPY has recovered after making a low of 91.75. Intraday trend is slightly positive and is expected to go up to 96 in the coming days.
Minor resistance is around 94.58 (200 day MA). On the upper side break above will target 95.18 (50% retracement of 98.66 and 91.75)/96.
Minor support is around 94.15. Break below will target 93.75/93.50.
Recommendation: Buy AUD/JPY around 94.48-52, SL 94.15, Target 95.18/96.
Minor resistance is around 94.58 (200 day MA). On the upper side break above will target 95.18 (50% retracement of 98.66 and 91.75)/96.
Minor support is around 94.15. Break below will target 93.75/93.50.
Recommendation: Buy AUD/JPY around 94.48-52, SL 94.15, Target 95.18/96.
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