AUDJPY is in bearish trend in daily and hourly time frame and has broken a very important Support level which I have extended back on the basis of Daily time frame. This support level has acted as SR Flip level on many occasions. There is no divergence being observed on daily or 4H time frame. I have taken entry instantly at 4H time frame. The currency index of JXP is bullish and of AXY is bearish which is also giving a signal for SHORT.
The Signal is:
EP: CMP (Followers can plan your entry by Fib retracement @ 0.382, please do your analysis as well)
SL: 97.782
TP: 95.198
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