ForexLeague

AUDJPY Daily Analysis 3/15/20

Short
FX:AUDJPY   Australian Dollar / Japanese Yen
AUDJPY Short Idea

We are still bearish on this pair as well. We have seen decent structure formation and could have some great potential setups this week.

Ideally a nice pullback to a prz level would be a good first step in identifying this setup

Look for strong bearish variations around the 61.8% or 38.2%, more confirmations supporting this trade idea the better.

Look to target lower toward our monthly support around 64.000

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