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Supports: 82.57; 81.97; 81.61
Outlook
Although RSI indicator shows neutral signal, AUD/JPY experienced a huge rally on the 3rd of August, however a trend reversal happened, and now the price follows a downward trend, and is about to reach weekly PP at 82.57, which might prove to be support for the current decline. If it is broken, then the bearish tendency is likely to advance even further until 200-day SMA at 81.97, which in turn will probably reverse the movement downwards. On the other hand, resistances are at 83.06, 83.43 and 83.58 and seem to be safe for now.
Traders' sentiment
Traders' sentiment at SWFX market remains close to neutral, as 56% of traders hold long positions on AUD/JPY and 44% of traders hold short positions. The situation with orders is very similar, since 49% of traders ordered to buy and 51% of traders ordered to sell the Australian Dollar.