newcapitalfx

Institutional Supply: AUD/JPY Short

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OANDA:AUDJPY   澳元/日圓
Hi traders,

Hope you had a lovely weekend! For today, one of the main pairs on my watch list is def. AUD/JPY for a short play from current supply. As always, the zones I use are the same but overall this is more a continuation play then a reversal play that I normally share. Nevertheless, same stuff different day!

Regarding the lower-timeframes, we're a bit early to say that we roll over, like always I am patiently waiting until price develops nicely the upcoming 48hours.

This is it for now! Have a good trading week.

Kind regards,
Max Nieveld

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