Looking at the daily chart of AUDJPY, we have confirmed 89.50 level is a rigid support, after observing Double Bottom.   I would like to consider Long entry for this pair.

 

2015-07-28_13-33-20-AJ1

2015-07-28_13-38-31-AJ2

Here is 4-hour chart.  Aggressive entry will be right after Higher Low.    You could wait for Higher-High, followed by Higher-Low, as an entry.  But it would be more than 92.70 ish, which I think is way up high.    Thus I would enter from the next Higher Low.

I think this trade would be very good one for Carry Trade as well as Swing Trade.

 

Happy Tradin’

 

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