AUD/JPY may fall 37 - 87 pips

Pivot

101.80

Our preference

Short positions below 101.80 with targets at 100.70 & 100.20 in extension.

Alternative scenario

Above 101.80 look for further upside with 102.25 & 102.80 as targets.

Comment

The RSI advocates for further downside.

Supports and resistances

102.80

102.25

101.80

101.07 Last

100.70

100.20

100.00

Number of asterisks represents the strength of support and resistance levels.