• AUD/JPY daily chart's upside bias is towards 85 the figure. 
• There is a trapped scenario but bulls remain resiliant. 

AUD/JPY has proven to be highly resistant to the risk-off tones coming from the Ukraine crisis noise. Downside plays have been, while at times strong, short-lived. The commodity currency is collecting a bid as commodity prices are expected to benefit. Meanwhile, there are prospects of a breakout of daily support and resistance and the following is a hypothetical price trajectory for AUD/JPY across the time frames. 

AUD/JPY daily chart

As illustrated, the price is trapped below the counter-trendline and has so far failed to break out of a sideways channel. 

However, price tends to move back to where there is an imbalance and should the bulls remain committed, a break of current resistance will open prospects of a run towards 85 the figure to mitigate the Nov. 4, 2021, daily imbalance. 

AUD/JPY H4 chart

We are seeing a trapped scenario on the 4-hour chart as well. 

AUD/JPY H1 chart

This could play out on the hourly chart as above and below. A break of resistance would play into the daily chart's upside bias towards 85 the figure.