I agree with your bearish view on AUDJPY and am bearish on it as well. I have also found a horizontal pullback resistance that coincides with the 23.6% fibonacci retracement.
Ichimoku cloud and RSI is also showing signs of bearish bias
COSMAS_MOSES
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@FXCM-EDU, nice setup . At first i do have the same idea with you which entry somewhere 79.000 but then risk/reward profile is not good compare sell the pullback at 81.225 .
Anyway this just my thought maybe i might miss the chance .
Jamal92
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@COSMAS_MOSES, Yup its defiantly going up. If the stocks recover due to its worst drop in 5 years then I can see AJ hitting 81 EASILY!
Ichimoku cloud and RSI is also showing signs of bearish bias