AUDJPY has broken through a line of 95.2920 and suggests a possible movement to 95.6189 within the next 8 hours. It has tested this line numerous times in the past, so one should wait for a confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 2 days.
AUDJPY is currently testing a level of 95.2920. Will the breakout continue or will things reverse?
