AUD,NZD/Technical Analysis/Trade Ideas/USD/JPY

Nikkei nearly 3% lower, AUD/JPY below 97.50

Next support in AUD/JPY is at 96.90 and with AUD/USD support at 96.00 also looming, I wouldn’t be chasing this move lower, preferring to wait and sell intraday rallies.

  1. I’m sticking with my 92 cents prognosis, just not sure on timing. Feels very bearish so maybe we go straight down but prefer to wait either for dip or rally before considering trade. Too close to 9600 support to consider selling but s/t trend too strong to consider buying

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