- YTD AUDJPY bull trend still intact - Spot close to 200 DMA (94.5693) on global de-risking which started after FOMC minutes - Has to do with very positive US Jobs data earlier tonight, believe Aussie shorts might go for cover (again) as happened in the recent days.
Put a bid at 94.57 SL at 93.80 (slightly below low of 8 Aug at 93.917) TP at 95.78 (around area where 61.8% fib (95.73), today's high (95.826), and 100 DMA (95.8470) coincides)
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