AUD/JPY struggles to break trend line resistance targets 89.20

Posted On 09 Jul 2015

AUD/JPY struggles to break trend line resistance targets 89.20

Australian Dollar/Japanese Yen
FX:AUDJPY

AUD/JPY is facing strong resistance near trend line resistance at 90.65 and any break above will extend gains till 91.30/91.70in short term. Intraday bullishness can be seen only above that level.

On the downside minor support is around 89.80 and any break below will drag the apir further down till 89.20.

It is good to sell on rallies around 90.35-40 with SL around 90.70 for the TP of 89.80/89.20.

Source:: AUD/JPY struggles to break trend line resistance targets 89.20

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