The secondary trend of AUDJPY is sideways on charts. In its hourly chart, the pair is consolidating with strong positive bias and is likely to give break out at upside. Its 30 and 200 DMA are also supporting the upcoming bullish trend in the pair.
Resistance level 87.52
If it breaks its resistance level at upside and sustains above it then we can expect it to show further upside movement.
RSI is sustaining in buying territory supporting the upcoming bullish trend in the pair.
STRATEGY: AUDJPY is looking bullish on charts for next few trading session. One can go for buy on dips strategy for this pair for intra day to mid term positions.
Resistance level 87.52
If it breaks its resistance level at upside and sustains above it then we can expect it to show further upside movement.
RSI is sustaining in buying territory supporting the upcoming bullish trend in the pair.
STRATEGY: AUDJPY is looking bullish on charts for next few trading session. One can go for buy on dips strategy for this pair for intra day to mid term positions.