We expect good progress of AUDJPY upwards.
Grounds:
- We have a downward trend of H1, which has been broken;
- We saw a test with a long tail right next to the trend;
- The trend of H4 is upward;
- The trend of D1 is upward;
- We see strength in AUD;
- We see a weakness in JPY.
Resistance levels:
74.60
75.05
75.49