The currency pair is poised to grow more.
The Bulls are still dominating the market.
AUDJPY Weekly Price Analysis – October 13
The momentum in AUDJPY is visibly increasing and may likely grow more as it remains in an uptrend. The pair is currently exhibiting a robust trajectory. Suppose the buy traders could prove stronger and the price shows sustainability above the $109.15 previous barrier level. In that case, the pair may see an increase toward the $115.00 upper resistance level, signaling strong market optimism and a buy signal for long-term traders.
AUDJPY Market
Key Levels:
Resistance levels: $98.00, $99.00, $100.00
Support levels: $90.000, $89.00, $88.00
AUDJPY Long-term Trend: Bullish (Daily Chart)
The daily chart market of AUDJPY depicts a beautiful bullish pattern and could grow more as the bulls remain dominant. Price is trading above the supply channel again, suggesting a bullish trend. 
The sustained bullish pressure to a $100.40 supply level in the past few days has made the Yen price grow above the resistance levels in its recent high.
The momentum continues today, after completing yesterday’s low at $99.67, the bulls made a corrective move to a high at the $100.56 mark above the EMA-50 as the daily chart opens, showing overall signs of revitalization as it journeys up north to grow more.
However, more gains are possible and the AUDJPY price could grow more if the bulls can put extra effort into the price action.
Next, the momentum indicator pointing upwards suggests the AUDJPY price will grow more, and a possible retest to the $109.15 soon is likely which can further extend to the $115.00 upper resistance value in the coming days in its long-term outlook.
AUDJPY Medium-term Trend: Bullish (4H Chart)
The AUDJPY pair portrays a bullish sentiment to grow more in its medium-term perspective. Buyers are confident about gaining higher levels, confirming their high impact in the market at present. 
The Yen price is progressing upward above the resistance trend lines trending to the upper resistance levels, indicating that buyers are gaining more market strength.
Despite the moves from the short traders, the pair reached the $100.19 supply level above the moving average, anticipating growing more in its recent high.
Today, the AUDJPY pair looks promising as the currency pair grew more to a $100.56 high mark above the EMA-50 as the bulls remain dominant. If the bulls should increase their price action, and bullish momentum is sustained far above the $101.15 resistance trend lines, further bearish sentiment will be hibernated.
Additionally, the daily stochastic points upwards, suggesting the AUDJPY price will grow more. As a result, the resulting rally may surpass the $100.56 level and hit the $115.00 psychological level at the upside in the days ahead as the pair anticipates growing more in its medium-term perspective.
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