FxWirePro: AUD/JPY breaks major support at 76.80, scope for test of 76 levels
14 September 2016, 02:32

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83
- AUD/JPY slips below 20-DMA at 77.30 on Mondays trade, intraday bias
lower.
- Techs are bearish, we see scope for test of trendline support at
76.
- Major support levels - 76.50 (Aug 2, 3 low), 76.41 (Sept 12 low), 76.06 (Aug
19 low).
- Major resistance levels - 77, 77.26 (20-DMA), 77.35 (23.6%
Fib).
Recommendation: Good to sell rallies around 76.75, SL: 77.25, TP: 76.50/ 76