FX:AUDJPY   Australian Dollar / Japanese Yen
Hello and welcome to my Trade Idea of the currency pair AUD/JPY .

Lets start with the Top Down Analysis.


Monthly: The monthly timeframe is very bearish . The last weeks have been very strong in the direction to the downside.


Weekly: Weekly is very bearish too.


Daily: On the daily timeframe we see that the trend is to the downside and right now there is a little consolidation.


H4: We draw the counter trendline and resistance area on the h4 timeframe.


Have a nice day.
I like it ,Looking for a good entry to sell.
+1 Reply
@fxing, Thank you, i think so too.
Reply
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