AUDJPY target hit

On December 29th, my post labeled AUDJPY and S&P500 a fresh look, contained a target level for a decline in the AUDJPY.

The level projected at 82.66 held very nicely (+/- 0.02 points).  Currently the price action still looks bearish.  After the purple target level was tested a fast move occurred, since the 50% retrace didn't hold, expect that level to be tough resistance for the pair.