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Supports: 81.44; 81.28; 81.07
Outlook
The interim downtrend, which started less than a week ago, managed to decline even further, and today the AUD/JPY currency pair has already reached the 55-day SMA at 81.72, and the price is heading towards the lower Bollinger band at 81.44, which is expected to bring some bullish momentum, however, if it is breached, then next resistance at 81.28 (monthly PP) will probably change the prevailing trend. In addition, RSI indicator show neutral signal, and it is not expected to change in the nearest future.
Traders' sentiment
Traders at SWFX market are optimistic about the potential strength of the Australian Dollar, since 70% of traders hold long positions and only 30% of traders hold short positions. The orders are distributed in a rather similar manner, as 75% of traders ordered to buy and only 25% ordered to sell the aussie.