The AUD/JPY has formed the double bottom within the 88.6 fib zone and it could start a move to the upside if the price holds.
The 88.6 zone has formed the zone where we can see new buyers. 75.00-10 is where the price might reject. Targets are 75.44 and 75.61. If the market makes a bounce above 75.61 then the next target is 75.95. Today it’s the NFP with all accompanying data so the market will be volatile. The AUD/JPY has a strong positive correlation with the US Equities, so watch the move in equities too.
