AUDJPY SUPPLY SHORT

13 May 2020

This SUPPLY ZONE on the 4 hour chart of the AUDJPY looks like it has potential. It broke below the previous low suggesting an intention to go down. Price already entered but I don't believe it is finished with the zone yet. With the pair ranging similarly to the many other Yen currency pairs, I believe that this is a setup worth look at for a shorting opportunity.