The AUDJPY pair breached the bearish channel’s resistance at 74.50 to hint the preparation to build strong bullish bias and notice moving towards the moving average 55 at 75.75.
Confirming the continuation of the positivity requires assuring the stability of 74.50 level, to form major support against the positive attempts, waiting to surpass the moving average 55 and manage to reach 76.80 followed by 78.00 levels.
The expected trading range for today is between 74.60 and 76.80
The expected trend for today: Bullish