AUDJPY seems to be pushing to the upside with great momentum. Starting with the Weekly Fibonacci .618% level is being heavily respected and also being used as a Daily support level. Price has tested the .618% about 2 times confirming it as support. A Reversal Doji has also opened on the Weekly .618% and if price closes bullish on the weekly will confirm a Bullish trend continuation. The hourly has opened bullish over the 80.250 QP also giving me reason to believe it will continue all the way to the Daily resistance if it closes bullish. If price pulls back it will most likely be to 80.150.
FibonacciMultiple Time Frame AnalysisSupport and Resistance

Penafian