AUDJPY Bearish idea
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: Looking bearish on AJ overall. We recently saw price action hit a new low and is now pulling back to ideally form structure.
Look for reversals near our 38.2% fib level and 61.8%.
Trade scenario 2: For us to consider AJ bullish we would need to see a push above 83.250 with a confirmed higher low above.
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: Looking bearish on AJ overall. We recently saw price action hit a new low and is now pulling back to ideally form structure.
Look for reversals near our 38.2% fib level and 61.8%.
Trade scenario 2: For us to consider AJ bullish we would need to see a push above 83.250 with a confirmed higher low above.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.