FX:AUDJPY   Australian Dollar / Japanese Yen
AUDJPY is bearish on all time frames. We are likely to get a daily closure below previous support. We would like to see short term retracement and rejection from this level to confirm it has become resistance. If there is clear selling pressure we will be taking this pair short to previous lows, and towards the bottom of the descending channel.
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.