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.
