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AUD/JPY has broken major resistance around 85.50 and jumped till 86.37 from that level. Intraday weakness can be seen only below 85.70.
- Any break below 85.70 will drag the pair further down till 85.20/84.80
- Overall weakness can be seen only below 83.
- On the higher side minor resistance is around 86.20 and break above targets 87.25.
It is good to buy at dips around 86.20-25 with SL around 85.70 for the TP of 87.20.
