AUD/JPY Daily Update (29/10/2016)

FX:AUDJPY   Australian Dollar / Japanese Yen
Bearish unless 80 level is broken strongly.

With a bearish engulf candle at a bear trench, I am slightly bearish for this pair.

The only thing that worries is the 2 trench supporting the upmove.

Once 80 is broken, I am bullish on this.

Key Resistance
- 80
- 82

Key Support
- 78.350
- 76.66
Comment: + 115 pips
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