AUDJPY recently reversed up from the support area lying between the pivotal support level 67.600 (which previously reversed the price in April and March), lower daily Bollinger Band and the 38.2% Fibonacci retracement of the previous upward impulse C from the start of April. With the rising bullish Australian dollar sentiment and the powerful bearish yen sentiment seen across the markets today – AUDJPY is likely to rise further toward the next round resistance level 70.000 (which stopped the previous ABC correction (2)).