FxWirePro: AUD/JPY holds trend-line support at 85.65, weakness only on breaks below

Antipodeans extended downside as divergent monetary policy outlooks between the Fed and OZ central banks (RBA & RBNZ) continue to weigh

• The yen on the other hand regained lost ground, staged a solid comeback on upbeat Japan's industrial output figures
• Data appears to ease the pressure on the BOJ to ease this week supporting JPY
• AUD/JPY lower on the day, but holds trend-line support at 85.65, is currently  trading at 85.79
• Immediate resistance for the pair lies at 86.00 (4h 200 MA) and strong trendline support is at 85.65 
• Daily Techs point South, breaks below  trendline support at 85.65 could take the pair to 85 levels

Resistance Levels:

R1: 86.00 (4h 200 MA)
R2: 86.18 (4h Tenkan)
R3: 86.23 (Daily cloud top)

Support Levels:

S1: 85.65 (Trendline support)
S2: 85.61 (Oct 28 lows)
S3: 85.10 (Oct Oct 6 lows)