Dolar Australia / Yen Jepun
Singkat

AUDJPY Short for 1:5 Risk to Reward

317
Buying YEN has been a risk for the past few months. In fact, it is the best time to go to Japan as the YEN is super weak.

Having said that, we have a good opportunity to sell AUDJPY now. The risk rewards makes sense and here are the reasons.

1) Daily Divergence is present
2) There is a harmonic pattern to sell at 98.50
3) Strong resistance

Stop loss would be just 30 pips and we are targeting about 150 pips in rewards.

Penafian

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