AUDJPY 12/21/19 Daily Analysis

2019-12-22 01:26:25

AUDJPY Short Idea

High time frames have been bearish so we will continue to look for short opportunities around key resistance levels

On this daily time frame we have seen price action test the 50% fib level twice already and we could see price action push to the 61.8% if this level of resistance is broken.

Look for strong bearish reversals after either fib level is confirmed