AUDJPY: Bullish Trend ContinuesAUDJPY is currently in an upward trend on the 4-hour time frame.
After a prolonged period of bullish movement, the pair traded within a sideways range.
However, the resistance of the range was recently broken, indicating strong buying pressure.
It is likely that the upward momentum will persist, with the market potentially reaching the 100.34 level in the near future.