2ndSkiesForex
Short

AUDJPY Bearish Pressure + Major Breakout Potential

FX:AUDJPY   Australian Dollar / Japanese Yen
131 0 1
After selling off selling off for several hundred pips, the AUDJPY             hit a multi-year support level at 87.30 bouncing twice. However the reactions each time produced smaller and smaller bounces, suggesting the bears are continuing to sell any rallies as its produced two LH's (Lower Highs).

Watch for a breakout pullback setup after a little more selling pressure manifests near the level.
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