Aud Jpy

Charts courtesy of Metastock and Advanced Get. Data provided by Quote Center and eSignal.

Good morning all,

The charts above are a daily (top) and 15 min (bottom) of the AUDJPY.

All time frames are showing shorting opportunities but watch out for the MA support 15min and MA resistance daily. Watch for a possible bounce on 15 min but if we break and close through this then we could see a further downside. Watch the fib levels on the daily for confluence of events.

This is usually a fairly good set up for those who have time to day trade.

Good luck today.