Thursday, October 15, 2026

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AUD/JPY breaks major trend line resistance, jump till 86.15 is possible

AUD/JPY has broken major trend line resistance around 85.10 (trend line joining 84.99 and 85.05) and this confirms short term bullishness a jump till 86.15/87.20 cannot be ruled out . Overall weakness can be seen only be…

By Lis Howell
1 min read
AUD/JPY breaks major trend line resistance, jump till 86.15 is possible
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  • AUD/JPY has broken major trend line resistance around 85.10 (trend line joining 84.99 and 85.05) and this confirms short term bullishness a jump till 86.15/87.20 cannot be ruled out .

  • Overall weakness can be seen only below 83.

  • On the downside intraday weakness can be seen below 84.40 and any break below targets 83.90/83.25.

It is good to buy at dips around 85.10-20 with SL around 84.40 for the TP of 86.10/87.20

 

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