AUD/JPY Short term outlook:

FX:AUDJPY   Australian Dollar / Japanese Yen
108 0 3
AUD/JPY             has broken major resistance 93.55 ( trend line joining 93.09 and 93.36) and jump till 94.61/95.30 cannot be ruled out .

On the downside slight weakness can be seen only below 93. Any break below will drag the apir further down till 92.15/91.57.

Indicators (4 hour chart)
CCI (50) – Buy
CCI (14) – Buy
Ichimoku- Buy

Recommendation: Buy AUD/JPY             around 93.50, SL 92.98, Targets 94.55/95.25.
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