The AUDJPY is about to test some major resistance after the recovery.

The AUDJPY has rallied back to key resistance which is the previous support from the June lows and also the 61.8% Fibonacci retracement at the 73.83. Chances are the 74.00 level may hold as resistance on the first attempt, so bulls should be careful.

AUDJPY Bullish Breakout

Blake Morrow