Thursday, October 15, 2026

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AUD/JPY breaks minor trend line resistance, jump till 86 is possible

AUD/JPY has broken minor trend line resistance around 84.60 (trend line joining 84.97 and 84.66) and this confirms short term bullishness a jump till 85.35/86 cannot be ruled out . Overall bullishness can be seen only ab…

By Lis Howell
1 min read
AUD/JPY breaks minor trend line resistance, jump till 86 is possible
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  • AUD/JPY has broken minor trend line resistance around 84.60 (trend line joining 84.97 and 84.66) and this confirms short term bullishness a jump till 85.35/86 cannot be ruled out .

  • Overall bullishness can be seen only above 87.50.

  • On the downside intraday weakness can be seen below 83.90 and any break below targets 83/82.60.

It is good to buy at dips around 84.65-70 with SL around 83.90 for the TP of 85.35/86

 

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