Short Opportunity for AUDJPY

٢٩ أبريل ٢٠٢٠

The pair seems to be building a strong bullish momentum. However, i have identified a possible short term opportunity to short the pair (risky due to the face that we are trading against the trend). I will wait for the break of the current trendline before opening a short position to my identified support area as my TP. The price can go up to the identified resistance area before we see our opportunity forming