No major news for either Australia or Japan this week but Australia doesn’t want its currency to get too high or growth & inflation will decrease.

AUDJPYiWeekly

Price has made a head & Shoulder pattern on the weekly Chart with a possible target of 78.359

AUDJPYiDaily

I am expecting a pull back to the Daily 200 ema. If price breaks the daily 200 my next entry will be 87.370 at the 78.6 fib

Leave a Reply