Thursday, October 15, 2026

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FxWirePro: AUD/JPY faces short term resistance around 85, good to sell on rallies

AUD/JPY has made a low of 83.63 yesterday and recovered till 84.71. Overall trend is weak as long as resistance 85 holds. Any break above 85 will take the pair to next target at 86.25/86.50. On the downside 84 is acting …

By Lis Howell
1 min read
FxWirePro: AUD/JPY faces short term resistance around 85, good to sell on rallies
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  • AUD/JPY has made a low of 83.63 yesterday and recovered till 84.71. Overall trend is weak as long as resistance 85 holds.

  •  Any break above 85 will take the pair to next target at 86.25/86.50.

  •  On the downside 84 is acting as short term support and break below will drag the pair further down till 83/81.96.

  • The pair's further weakness can be seen only below 81.90 level.

It is good to sell on rallies around 84.20-25 with SL around 87.35 for the TP of 84.50/81.90.            

 

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By FxWirePro Team