As can be seen in the chart above, AUDJPY
is following the trend line
very well, and I expect the uptrend to continue in the near term. I feel it will test the next resistance level
of 69.800, which is where I have kept my take-profit level. There may be some volatility
in the pair because of the upcoming CPI
news announcement for AUD, but nonetheless, I feel that the strong uptrend will continue and test the 69.800 levels.