AUDJPY under bullish pressure after the earlier breakout of the key resistance level 76.750 (which stopped the previous in June and July, as can be seen below). The breakout of the resistance level 76.750 accelerated the active short-term impulse wave (iii). Given the clear daily uptrend, strongly bearish yen sentiment seen across the currency markets today – AUDJPY is likely to extend the gains toward the next resistance level 79.000 (target price for the completion of the active impulse wave (iii)).