AUDJPY Daily Analysis 3/8/20

2020-03-09 02:05:58

AUDJPY Short Idea

AJ is still very bearish and could remain so for a while.

Ideally we would like to see a nice retracement to a key level followed by strong bearish setups and confirmation that supports the trade idea.

Look to target lower toward our -27% fib level after a confirmed reversal from the 38.2% or 61.8% fib level