AUD/JPY: Current 81.89 (Sunday, March 7, 2010).
 
Please refer daily charts and not short-term charts e.g. hourly charts.

Australia’s economy grew last quarter at the fastest pace in almost two years, with gross domestic product climbing 0.9 percent from the third quarter, the Bureau of Statistics said March 3rd.
 
Analysis: The currency pair should move upwards to 82.80 in coming days but should face resistance at that level. If that resistance is broken then we would expect a move towards 84.00. But we do not expect any strong uptrend in the mid-term. We would only be taking short-term positions for AUD/JPY as we expect a downward movement in coming days/weeks.

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For short term trades, please refer to daily technical analysis for AUD/JPY.