AUD/JPY Technical Analysis

AUD/JPY is bullish
Equities are moving up
AUD/JPY has a positive correlation with Equities
W Breakout on daily chart

DAILY CHART AUD/JPY

Point 1 of W Bullish breakout pattern
Point 2 of W Bullish breakout pattern
Point 3 of W Bullish pattern breakout
Q4 camarilla pivot the first TP
The Final TP

The price is bullish and we could see a bounce to the upside as the price is having a positive momentum to the upside. We should be getting close to M H5 and Q 4 camarilla as the first target soon. The first TP is 83.75-84.00 zone. If the first target is reached and the price makes a daily close above that zone, we will be moving towards the final TP. The final target is 85.80 zone. Bullish continuation is expected.