AUD/JPY is at 94.66 after a channel wall breakout. We are looking for a continuation to the ATR target at the 95.39 area and then the day chart's resistance at the 96.90 area.
Watch the DXY for any change in direction. The ATR for the pair currently is 141 pips per day, and its 180-day average is 131 pips per day. DXY is currently down at the time of this post.
