AudJpy could rise back to 95 zone

After a touch of support in the first trading day of the year, AudJpy strongly reversed with a daily rise of around 300 pips (3%).
This rise stopped in 91 horizontal resistance and the pair started to consolidate gains.
A double bottom pattern could play out soon and this could lead to a break of the descending trend line.
In such an instance the pair could rise further and the next obvious resistance is at 95.