AUDJPY 11/4/19

2019-11-05 04:36:13

AJ Short Idea

Higher timeframe price action has remained in a bearish trend and is currently at a key resistance zone/monthly level

From the current zone we may start to see some bearish confirmations coming off the 75.000 area which is also a daily 78.6% fib level, 200 ema area, key resistance zone

We will look to target back toward our weekly support around 70.000 if we see enough confirmation in the next couple days