AUD/JPY to test 82.935

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Resistances: 82.935; 83.066; 83.167
Supports: 81.920; 81.365; 81.280

Outlook
Today AUD/JPY regained bullish momentum. Even though the price has been lately moving within a downward channel, the outlook seems bullish, as today a new 3-month high has already been reached. If the uptrend continues, then the currency couple will face the upper Bollinger band at 82.935 that might prove to be a considerable resistance level for the current rally. However, if it fails to reverse bullish tendency, then next resistance at 83.066 (Monthly R1) is expected to bring some bearish impulse. Moreover, RSI indicator remains neutral at the particular moment.

Traders' sentiment
Traders' sentiment at SWFX market remains mixed, since 56% of traders hold bearish positions and 44% of traders hold bullish positions. However, 85% of traders have ordered to buy the aussie, therefore expecting lately established bullish trend to continue.