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 :)