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SELL AUD/JPY

Short
Australian Dollar / Japanese Yen (FX:AUDJPY)  
lofitrend  
FX:AUDJPY   Australian Dollar / Japanese Yen
Fundamental Analysis Chart Patterns Beyond Technical Analysis aud jpy AUDJPY audjpyshort audjpysell audjpyanalysis audjpyforecast audjpysetup weeklymarketsanalysis
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fundamental chartpattern beyondta aud jpy audjpy audjpyshort audjpysell audjpyanalysis audjpyforecast audjpysetup weeklymarketsanalysis
Potential down move on AUD/JPY 📉

Things to consider:
1. Triangular Formation
2. MACD and price downward momentum
3. COT data shows AUD is being short and JPY is also being short so overall strong down movement upcoming

How to enter:
1. Entry after the weekly resistance is broken
2. Entry should be on 4hr timeframe for better R:R
3. Enter when storng down momentum starts

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