I like the short here, AUDJPY is a risk on off play. I am not convinced that 83.31 can be overcomed at this time. Also, I don't think risk has been taken off the table just yet. 83.31 offers some minor resistance with a good entry point to get short here for at least one more push down to 81.50. That and coupled with over 76% of retail trader long lends additional conviction. My entry, short 83.01 sl 83.31 tp 81.50
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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.