AUDJPY D1 - Pin Bar next to the support

On AUDJPY daily chart you can see dynamic depreciation and breaking down of level 87.00. We can notice that support zone next to level 85.50, coincided with 50% of the FIBO abolition and ascending band of average EMA (75-, 100-period). Test of the zone led to stronger reaction of demand side and a hammer formation was set. Currently there is growing pressure of buyers.