AUD/JPY is currently going down at the time of this post. We are now at 84.09. We have convergence in play.
We are looking for an initial move to the average true range target at the 84.91-85.00 area with a continuation to 85.48.
Watch the DXY for any change in direction. The ATR for the pair currently is 82 pips per day, and its 180-day average is 79 pips per day.