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Latest AUD/JPY setup.

AUD/JPY Reverses Right On Target:

AUD/JPY Rallied right up to 86.00 and reversed! No I'm not psychic, this is just what I do for DailyForexCharts members. Now that this chart reversed, what do we do? We look for shorts! Watch the video on the left for setup details.

AUD/JPY The Day Before:

See how AUD/JPY looked the day before. Daily chart looks like it may want to reverse near 86.00 it could end the rally. Bullish above 86.00 but I would not be surprised to see a reversal. Watch for potential change, for waves of lower highs and lower lows, then we can short.

 

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