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AUDJPY 4hour Analysis February 20th, 2022

Short
Dollaro australiano / Yen giapponese (FX:AUDJPY)  
ForexLeague  
FX:AUDJPY   Dollaro australiano / Yen giapponese
Trend Analysis Chart Patterns Technical Indicators Forex forexsignals priceaction forexleague AUDJPY aud jpy aj
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trendanalysis chartpattern indicator forex forexsignals priceaction forexleague audjpy aud jpy aj
AUDJPY Bearish idea

Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bearish

Trade scenario 1: AJ is back to bearish! We are seeing a nice reversal from 83.250 resistance and our next move is to enter short on the next structure forming lower high.

Look to target lower toward 81.500 support

Trade scenario 2: For us to consider AJ bullish again we need to see a break of resistance around 83.250 with a confirmed higher low above.
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