Jal121

AUD/JPY - Long Term Outlook

OANDA:AUDJPY   Australian Dollar / Japanese Yen
Here we have AJ on the Daily Chart .

Price has been respecting this trendline and is currently pushing higher towards the 85 whole level in price that has acted as previous resistance. We are very overextended on this pair, with AUD strength and JPY weakness across the board for months.

Lets see what happens on this pair if we hit the 85 level!