AUD/JPY is currently at 93.12 just out of a channel. We have divergence for the upside move. We are looking for a continuation toward the ATR target at 94.25 with a further target of the R4 at 94.63.
Watch the DXY for any change in direction. The ATR for the pair currently is 113 pips per day, and its 180-day average is 121 pips per day. DXY is currently threatening to go down at the time of this post.