FX.co ★ AUD/JPY rise in progress, remain bullish

Price is rising nicely from our buying area. We remain bullish above 84.17 support (Fibonacci retracement, horizontal pullback support) for a push up to 84.85 resistance (Fibonacci retracement, swing high resistance).

Stochastic (21,5,3) is bouncing above our 9% support.

Buy above 84.17. Stop loss at 83.72. Take profit at 84.85.