AUDJPY currency pair recently reversed up from the support area lying between the powerful support level 82.300 (which has been reversing the price from the end of February) and the lower daily Bollinger. The upward reversal from this support zone created the daily candlesticks reversal pattern Piercing line – which started the active short-term correction (iv). Given the strong daily uptrend and the reversal of the previous bullish yen sentiment- AUDJPY currency pair can be expected to rise further in the active short-term correction (iv) toward the next resistance level 85.000 (top of the previous minor waves (ii) and ii).