FX:AUDJPY   Australian Dollar / Japanese Yen
AUDJPY is forming a lower high in a descending channel. I favour new shorts but stop distance is wide , so trade small..

More arguments support the decision :
1. Below Kumo
2. Below 200 MA
3. Below Tenkan sen line

Technical Analysis on Demand
realisto.net
cryptografic.net
One-to-One Trading Coach & Mentor
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.