AUDJPY Chart Technical Outlook rallies to fade ahead of RBA AUD/JPY’s broad bias is mixed. Prices trade at the mid-point of a corrective channel. The recent bias is bearish, as prices have printed lower highs and lows recently. The RBA is due tomorrow to decide on interest rates and publish fresh economic projections. A pause is expected, but the inflation projection could be revised lower. This should weigh on AUD. I expect downside price action and rallies to fade. Resistances: 96.90, 97.25 Supports: 96.00, 95.50
