AUD/JPY: Trend Or Break?

 | Sep 17, 2014 08:57AM ET

AUD/JPY: Currently we are at 97.30. We have respected the trend top so far but don’t rule out an attempt to break the trend.  We are looking for a continuation to the S4 Support area at 96.38 with an overall target at 97.51.  The average daily true range (ATR) for the pair currently is 51 pips.