AUDJPY continues to rise inside the sharp short-term impulse wave 3, which previously broke above the key resistance level 74.65 (former monthly high from September) and the 38.2% Fibonacci correction of the previous sharp downward impulse wave (C) from the middle of April. Given the strong bullish sentiment affecting the Australian Dollar at the moment, coupled with the widespread bearish Yen sentiment – AUDJPY is likely to remain under the strong bullish pressure today and to rise toward the next key resistance level 76.00 (former monthly high from July).