Snick3rSD

AUDJPY - Short from bearish order block ✅

Kort
FX:AUDJPY   Australiensisk dollar/Japansk yen
Hello traders!
‼️ This is my perspective on AUDJPY.

Technical analysis: Here we are in a bearish market structure from daily perspective, so I am looking for shorts. I expect price to continue the retracement to fill the imbalance higher and then to reject from bearish order block + institutional big figure 92.000, as well volume profile indicates the most positions in that zone.

Fundamental analysis: On Wednesday 26th of April we have news on AUD, will be released quarterly and yearly CPI. Pay attention to the results in order to secure the trade.

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