AUDJPY is maintaining its strong look after the price broke 77 resistance. For the short-term, the upper band of the bullish trend, 77.660 can be key resistance. Below this level, 78.130 and 77.425 can be targeted. If the price breaks the upper band, %150 and %200 levels of the trend may become appropriate resistance levels for the upward moves.
In the next week, BOJ’s (Bank of Japan) decisions may increase the volatility of the AUDJPY.
