FX:AUDJPY   Australian Dollar / Japanese Yen
0
Hey Guys! The AudJpy has touched the 200-day moving average, so this is a good spot to watch for price action. Watch closely, this can be a good spot to short this pair. Also the pair has made a clear double top, usually a clear sign for reverse. Go to lower timeframe (1-4h) to observe breakouts of trends and see if we will get a move downwards !

It´s all in the mind! Happy Trading :)
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.