AUDJPY Strong Lower Highs bullish break-out.

The AUDJPY pair has turned the 1D MA50 (blue trend-line) into Support since last week's bullish break-out signal above the Lower Highs trend-line. That is a major bullish continuation call following the bottom on the 3-month Higher Lows Zone on March 27. The dashed Higher Lows has been supporting this uptrend and this seems to be the new bullish leg. The previous two such rises during these 3 years have reached at least +17.40%. As a result our buy target is 101.000.

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