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AUD/JPY: Pair Attempts To Move Towards The Day's High

AUD/JPY is currently cautiously bearish at the time of this post. We are currently at 84.67.

We are looking for an initial move to the ATR target at the 85.28 area and then the day's top at 85.48.

Watch the DXY for any change in direction. The ATR for the pair currently is 97 pips per day and its 180-day average is 92 pips per day.

AUD/JPY 4-hour price chart.
AUD/JPY 4-hour price chart.

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