Hello traders!
‼️ This is my perspective on AUDJPY.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective as we can see clear lower lows and lower highs, so I am looking for shorts. I expect bearish price action from here as price filled the imbalance and could reject from bearish order block.
Fundamental analysis: Tomorrow we have news on AUD, will be released Interest rate which is forecasted to remain the same, it means there is no a great plan in Australia to support the currency.
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‼️ This is my perspective on AUDJPY.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective as we can see clear lower lows and lower highs, so I am looking for shorts. I expect bearish price action from here as price filled the imbalance and could reject from bearish order block.
Fundamental analysis: Tomorrow we have news on AUD, will be released Interest rate which is forecasted to remain the same, it means there is no a great plan in Australia to support the currency.
Like, comment and subscribe to be in touch with my content!
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Contact me for any questions.
