AUDJPY bounced perfectly from our buying area, remain bullish

Buy above 86.37. Stop loss at 86.01. Take profit at 87.01 and 87.38.
Reason for the trading strategy (technically):
Price has touched our buying area before shooting up perfectly as expected. We remain bullish above 86.37 support (Fibonacci retracement, horizontal overlap support, bullish exit) for a further push up to at least 87.01 resistance (Fibonacci retracement, horizontal overlap resistance) before 87.38 resistance (Fibonacci retracement, horizontal overlap support, FIbonacci extension). We also move our stop loss to 86.01 to protect our profits.
Stochastic (34,5,3) sees a recent bullish exit of its descending resistance-turned-support line signal a change in momentum to bullish.