AUDJPY 30min Analysis April 15th, 2020
Trade Scenario 1: Bearish - For us to go short we want to see price reject off 84.350. We will then enter on strong bearish setups, first targeting our point of control 84.150.
Trade Scenario 2: Bullish - For us to go long we want to see price break above our edge of value at 84.350. We will then wait for a retrace and for 84.350 to act as support. Enter on strong bullish setups, first targeting 84.600
Trade Scenario 2: Bullish - For us to go long we want to see price break above our edge of value at 84.350. We will then wait for a retrace and for 84.350 to act as support. Enter on strong bullish setups, first targeting 84.600