AUD/JPY has been trending up for quite some time now. We have a 4-hour bullish engulfing candlestick closure, breaking past all the moving averages and confirming the trade entry. If it manages to break psychological level @96.000, we can see a further move up to re-test the previous daily top. Hedge funds are gradually increasing their buying power for AUD while selling off JPY. Tomorrow's RBA Interest Rate Decision news will definitely impact the trade, but the overall setup is for a strong bull run. :blush: