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AUD/JPY has broken major trend line resistance around 85.10 (trend line joining 84.99 and 85.05) and this confirms short term bullishness a jump till 86.15/87.20 cannot be ruled out.
- Overall weakness can be seen only below 83.
- On the downside intraday weakness can be seen below 84.40 and any break below targets 83.90/83.25.
It is good to buy at dips around 85.10-20 with SL around 84.40 for the TP of 86.10/87.20
Resistance
R1- 85.50
R2-86.15
R3- 87.20
Support
S1-84.40
S2-83.90
S3-83.25
