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1. RBA has been hawkish recently even before the datas came out to back up its statement. The justification of RBA was based on commodity prices and global demand especially from China and U.S new infrastructure plan. Then the GDP came out as predicted to be very positive to put AUD as the strongest currency again. Meanwhile, BOJ is still dovish with continuation of QE and although inflation did become better, but still way below the target and any possibility to stop QE. The bond spread between these 2 countries are very large and is a popular carry trade pair. The fundamental datas are not good in both countries but AUD still performs much better. Technically we have Weekly support, 50EMA at whole number 86 while we also had a previous candles reject this level with Kangaroo Tail. The next weekly support zone is 84.50 with 100EMA. We can put pending order at 86 with SL at 84 which is below 50EMA support, 100EMA support and 84.50 weekly support. 
2. The catalyst is the fundamental bias and great concurrent support area. 
3. We’re still at historical low area and should have enough room to go upside
4. The risk is large swing so that’s why we put SL below 3 significant support areas. 
5. I’ll let this swing trade play out and keep an eye on the fundamentals. 
6. yes 

LONG AUD/JPY
@ 86
SL @ 84
P @ 90