AUDJPY Bearish idea
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: Still looking bearish and this could be the break! Huge bearish momentum is seen coming off resistance around 81.400. Now we’re looking for break support at 80.750 with a lower high below.
Trade scenario 2: For us to consider AJ bullish we would need to see a break above 81.400 with a confirmed higher low above.
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: Still looking bearish and this could be the break! Huge bearish momentum is seen coming off resistance around 81.400. Now we’re looking for break support at 80.750 with a lower high below.
Trade scenario 2: For us to consider AJ bullish we would need to see a break above 81.400 with a confirmed higher low above.