Here some analysis for AUDJPY. In hourly perspective, i expecting the price will bounce bearish after another retest on the resistance.
For me, This resistance quite strong based on Hourly Time frame. The idea here waiting for the AUDJPY creating Resistance or retest the Resistance level before making entry.
I might implement the lot Distribution Strategy to distribute my position into multiple level.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.