AUD/JPY struggles to close above 92 level, decline till 89.60 is possible

Intraday trend- Bearish

Short term trend- Bearish

• AUD/JPY has recovered from low of 90.33 till 92.06 but once again unable to hold above that level.
• Bearish invalidation can happen only if it closes above 92 level.
• On the lower side major support is around 91.20 any break below will target 90.30/89.60.
• The break of major resistance 92.70 will target 93/94 in short term.

It is good to sell on rallies around 91.75-80 with SL around 92.41 for the TP of 90.30/89.60.