Mon, 12 Oct 2015 06:49:07 GMT
AUD/JPY 1D Chart: Channel Down
Although AUD/JPY is currently advancing north, it is doing so within the boundaries of a bearish channel. In the short run the outlook is positive. The price is expected to rise up to 92 yen as a result of an upward correction. This, however, should be the rally's upper limit, as the currency pair will hit a solid supply area,