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Supports: 80.39; 80.24; 80.09
Outlook
The interim bearish trend, which started on August 22th, has finally ended, and today a slight bullish correction takes place. At the particular moment, the AUD/JPY currency couple is heading towards the weekly S1 at 81.07, which might stop the uptrend, however, if it is broken, then the price is likely to reach the monthly PP at 81.28, which in turn will probably bring some bearish impulse. Nevertheless, RSI indicator remains neutral, although is has moved very close to the over-sold area.
Traders' sentiment
Traders at SWFX market anticipate that the aussie will appreciate against the Japanese Yen, since 68% of traders hold long positions and only 32% of traders hold short positions. The situation with orders is very similar, as 66% of traders ordered to buy and only 35% ordered to sell the Australian Dollar.