AUDJPY bearish breakout. Wait for retracement then go short.

JPY is going back up. And that move could last for quite a time if the market start to going back into ungly mode (watch OIL, Indexes and China).

AUDJPY is a good pair to trade (since both pair are strongly inverse correlated). A bearish breakout happended. Wait for retracement then go short.

Penafian