FX.co ★ AUDJPY profit target reached, time to go bullish

The price reached our profit target for the 4th time in a row. We turn bullish above 85.34 support (Fibonacci projection, horizontal support) for a push up to at least 86.08 (Fibonacci retracement, horizontal pullback resistance).

Stochastic (21,5,3) is approaching strong support at 5.5%.

Buy above 85.34. Stop loss is at 84.97. Take profit is at 86.08.