AUD/JPY: Stay short for now, reverse on bigger dips

• Very solid technical resistance now at 96.55;
• Short-term market sentiment seems to have swung in JPY favour;
• The RBA will continue to try and talk the AUD down;
• USD/JPY is in sideways trading pattern but reportedly very large stops below 100.70 could get targeted.

Most of the short-term indicators are bearish imho and with an obvious stop-loss level above 96.55, I prefer the short side for now. The longer-term trend is bullish in my view and any 300/400 pip sell-offs are undoubted buying opportunities.