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AUDJPY TECHNICAL OUTLOOK

INDICATOR: ICHIMOKU KINKO HYO
CHARTS: MONTHLY AND WEEKLY
Current monthly price action shows no bearishness so far. The 61.8% fib expansion at 91.19 is a likely target for this pair. Although, a little price retracement is expected from the weekly chart, overall bullish scenario should dominate.
WEEKLY CHART:
MONTHLY CHART:
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AUDJPY TECHNICAL OUTLOOK

INDICATOR: ICHIMOKU KINKO HYO
CHART: WEEKLY AND MONTHLY
Current monthly PA on this pair is extremely bullish. With price well above the price and tenkan sen on the weekly chart, the possible target of this rally could be the (88.95) 61.8% extension of the area marked out on the charts below.
This also coincides with the flat cloud on the monthly chart, which price will likely advance to test or break it.
WEEKLY CHART:
MONTHLY CHART:
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MrSolar 27 July

Strong bullish advances

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POSSIBLE SCENARIO ON AUDJPY

Indicator: Ichimoku
Charts: Weekly and Daily
Current pullback from the yearly high suggest a retracement down till the close of the Nov 6th weekly candle. Also, price currently below the cloud at the daily chart suggests further weakness of pair with yen pairs getting stronger against the green back.
Weekly Chart:
Daily Chart:
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