Dear Carry Traders,
Since YEN has been strong during Asian hours today, AUDJPY is dropping. Thus we need to find the next level of support, where we can buy this pair again.
As you can see above, the price is approaching to the Support of 88.25ish where we see the pivot cluster of WPP and DS2.
I would like to try buying this pair from 88.25.
If we miss this level, the next level of support is down at 88.00.
Hope this helps you build your own setup.
YJ Baik – Forex.Today @ Tokyo