iamarielle_868

AUDJPY, at 4H trend line.

FX:AUDJPY   澳元/日圓
AUDJPY has a similar set up to AUDUSD. It is currently approaching an area which could turn into a hit to this 4H trend line. Drop to a lower time frame in order to see if a reversal pattern forms. Once price respects this line without completely breaking through it we can look for sells. However, if price breaks through the trend line and closes above it, we no longer look for sells and can wait for a retest before looking for buys.

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