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Supports: 81.858; 81.249; 80.293
Outlook
Bearish downtrend that started on the 29th of July has ended, and now a bullish reaction takes place, although RSI indicator remains neutral. As for now, AUD/JPY currency pair is heading towards Upper Bollinger Band at 82.689, where it is very likely to find resistance for the current rally. If necessary, next resistances at 83.167 and 84.205 might bring some bearish impulse. Current support levels are at 81.858, 81.249 and 84.205, and so far there are no signals, that they might be broken.
Traders sentiment
Traders sentiment at SWFX market is mixed, as 57% of traders hold long positions and 43% of traders hold short positions respectively. This indicates, that traders are not sure about future trend movements. However, the distribution of orders shows some bullish expectations, since 65% of traders ordered to buy AUD/JPY currency pair.