Audjpy has shown a lot of downside potential recently so i expect this pair to continue downwards. This is a typical short setup so I believe its a good idea to short it
we have
1)break of trend line
2)corrective structure
3)breakout of support
usdcad has shown a lot of downwards momentum recently and as long as we remain below 1.26500 my outlook will remain bearish on this pair.
i am now awaiting a break of the ascending trend-line and a corrective structure to confirm downwards movement.
