AUDJPY broke above 78.365 where we consider as the upside confirmation. It is a level where the 78% fib extension and previous swing high are. Price is likely to leap further towards 1st resistance from here, Ichimoku is also showing support !
AUDJPY is breaking below its downside confirmation where the head and shoulder neckline and the 78.6% fib retracement are. If price closes below the downside confirmation, we might see further downside from here towards our 1st support where the horizontal swing low is. MACD is also showing signs of bearishness.
