I am a bear on this pair.
AUD/JPY DAILY SHORT
55/Above 21 market is bearish,price came off MS2 projected target is MPP,therefor as a bear i am looking for entry at (84.000/61.8 fib and looking at my 55 ema to play as resistance aswell)if it breaks this i will then consider (MPP/85.500)For second entry.
AUD/JPY H4 SHORT
21 above 55 market is bullish,price came off WPP target is WR2 witch marks profit taking for bulls,i am looking for entry at (84.000/61.8fib)if breaks father more i will then consider (85.500/MPP confluence)