AUDJPY Daily 12/29/19

2019-12-30 00:32:48

AJ is looking similar to AU, bearish on all major higher time frames other than the daily.
We can see on the daily that price action has been bullish and is approaching a major weekly 61.8% fib level around 77.000

A nice retest of support would be ideal before targeting a true test of the 61.8%

We will then analyze once this zone has been tested and see if the daily trend will continue bullish or the overall higher time frame trend will take over