FX.co ★ AUD/JPY at major support, turn bullish

Price is now approaching major support at 83.74 (Fibonacci retracement, Fibonacci projection, horizontal support) where we expect a bounce from for price to the 84.92 resistance (horizontal overlap resistance, Fibonacci projection, Fibonacci retracement).

Stochastic (21,5,3) is seeing major support above the 14% level.

Buy above 83.74. Stop loss at 83.09. Take profit at 84.92.