AUD/JPY to test 81.65

Note: This section contains information in English only.
Source: Dukascopy Bank SA
© Dukascopy Bank SA
Resistances: 82.29; 82.68; 82.90
Supports: 81.65; 81.28; 81.02

Outlook
Although RSI indicator shows neutral signal, the bearish trend, which started two days ago, continues, and now the AUD/JPY currency pair is gradually heading towards the lower Bollinger band at 81.65, which is very likely to stop the prevailing tendency, however, if it is broken, then next support at 81.28 (monthly PP) will probably bring some bullish impetus. On the other hand, current resistances are at 82.29, 82.68 and 82.90, and they seem to be safe for now.

Traders' sentiment
Traders at SWFX market expect the Australian Dollar to gain value against the Japanese Yen, since 65% of traders hold long positions and 35% of traders hold short positions. The situation with orders is very similar, as only 30% of traders ordered to sell and 70% of traders ordered to buy the aussie.

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