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AUDJPY H4: Expected a Resumption of the Down Trend

FX:AUDJPY   Australian Dollar/Japanese Yen
I expect a resumption of the down trend in AUDJPY             . First a return to 84, next we'll see. For the last two weeks the AUD has been the weakest currency of the majors, while the JPY the strongest one. The recent correction was developing in lockstep with the equity markets, as AUDJPY             often does. It's been a nice pullback presenting some shorting opportunities.
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I am agreeing with you. The trend is still down and the renewed upmove didn't exceed the previous one. The dynamic of the upmove ist slowing.
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