Currently JPY is very strong and AUD is very weak. Therefore a strong up trend is formed. Monthly Resistance Level of 0.011873 was broken. With a bit of retesting that level, this pair shall go long till the downward trend line.
THE POWER OF SUPPLY
This is a Crab ...As you know the Pitchfork show us a target ....Maybe target is end of W4
AUD dollar has peaked and it will weaken more when Stocks starts to roll over> ALso gold has formed head and shoulder pattern which will harm commodity currencies.