FX.co ★ AUD/JPY remains bearish

Price is approaching our selling area as expected. We remain bearish below 86.08 resistance (Fibonacci retracement, recent swing high resistance, Fibonacci projection), expecting a push down to 85.04 support in the short term.

Stochastic (21,5,3) is seeing major resistance at 91%.

Sell below 86.08. Set stop loss at 86.44 and take profit at 85.04.