on the AUDJPY
I'm waiting for the breakout and confirmation of supply areas as highlighted on the weekly and daily charts
. Again I'm using trend (which is down) to assume that the breakout of Price Action
(PA) will be down. As we look to the downside we look to break a demand(support) area from 2009
as highlighted on the weekly chart.
To find out more about my thoughts on the forex pairs, check out the following video.