AUD/JPY: Testing water with small long near 90.35

Firstly, I’m not picking these moves particularly well at the moment and some of the cross moves in pairs like EUR/AUD have me quite baffled. Nevertheless, I still think it’s worthwhile buying AUD/JPY near 90.00 just to see if technical support holds.

This level is a double-bottom neckline as well as a 61.8% retracement level.

I got stopped out of my EUR/USD shorts at break-even last night.