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With Tenkansen and Kinjunsen condition inside the Kumo as well as Chikou Span which is in the middle of Bar Chart, gives an indication that currently AUD/JPY is moving in a Sideways condition on the daily chart, even though, the price movement and the appearance of Bullish 123 pattern / Bullish E Projection as well as detected the Bullish P Wave pattern, then it can be predicted that in a few days ahead, as long as there is the weakness breaking below the level 95,43, then AUD/JPY has the potential to go the level 98,47 as the main target and if momentum as well as the volatility is supporting enough, then the level 99,45 will be the next target to be aimed of.
(Disclaimer)
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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