The most interesting pair you can make money with - AUD/JPY: rebound to the key long-term bearish target

AUD/JPY: bearish. The pair is on bearish market condition with the secondary ranging within the following key support/resistance levels:

• 87.50 key resistance level, and
• 81.94 key support level.
  

If the pair breaks 81.94 key support level from above to below so the bearish trend will be continuing with good breakdown possibility. If the price breaks 87.50 key resistance level from below to above so we may see the next resistance levels:

• 92.68 resistance level located on the border berween the primary bearish and the primary bullish on the chart, and
• 97.29 resistance level located in the bullish area of the chart.
  

Thus, the most likely scenario for this pair for the next few weeks are the following: the price may break 87.50 key resistance from below to above in the short-term situation as a spike for example, but the price will be rebounded soon with 81.94 as a long-term bearish target.

There are the following news events which will be affected on AUD/JPY price movement:

• 2015-10-08 13:30 GMT (or 15:30 MQ MT5 time) | [USD - Unemployment Claims]
• 2015-10-08 19:00 GMT (or 21:00 MQ MT5 time) | [USD - FOMC Meeting Minutes]
• 2015-10-09 01:30 GMT (or 03:30 MQ MT5 time) | [AUD - Home Loans]
• 2015-10-12 22:45 GMT (or 00:45 MQ MT5 time) | [NZD - Food Price Index]
• 2015-10-13 00:50 GMT (or 02:50 MQ MT5 time) | [JPY - Monetary Policy Meeting Minutes]
• 2015-10-13 01:30 GMT (or 03:30 MQ MT5 time) | [AUD - NAB Business Confidence]
• 2015-10-13 n/a     GMT (or n/a    MQ MT5 time) | [CNY - Trade Balance]
• 2015-10-14 00:50 GMT (or 02:50 MQ MT5 time) | [JPY - PPI]
• 2015-10-14 02:30 GMT (or 04:30 MQ MT5 time) | [CNY - CPI]
• 2015-10-14 13:30 GMT (or 15:30 MQ MT5 time) | [USD - Core Retail Sale]
• 2015-10-15 01:30 GMT (or 03:30 MQ MT5 time) | [AUD - Employment Change]
• 2015-10-15 13:30 GMT (or 15:30 MQ MT5 time) | [USD - Core CPI]