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AUDJPY Bears Poised: Sell Rallies at 111.55 for 108 Target with 112.20 Stop 
- US Dollar index has declined mildly after showing a minor jump above 20- day MA. It is currently trading around 91.96.
- Short term bullishness can be seen only above 92.50-92.60 (daily Kijun-Sen, 20- day MA and trend line resistance).
- Any violation above 92.60 will take the pair to next level 93.11/93.60/94.15/95 in the short run. The minor resistance is around 91.82/92.27.
- The index major support is at 91 low made yesterday and break below targets 90.
It is good to sell on rallies around 92.20-25 with SL around 92.66 for the TP 91.
