AUD/JPY Is Rallyng

AUD/JPY reached the support at 87.30 which coincided with the (MA)89 indicator on the daily time-frame and even managed to break out below that support, but its move to the downside did not last for much longer as the pair found another support at 86.70, formed a doji candlestick again on the daily time-frame and bounced off from that level. The pair broke out above the aforementioned (MA)89 indicator on the daily time-frame and is currently still quite bullish. The move to the upside will probably continue and the first target to the upside will likely be around 89.06, which is the last high. A breakout above that in level could lead to a rally towards 90.30.