daytradernik

AUDJPY - Short Setup from Hourly and 15M Bearish Order Block.

Short
FX:AUDJPY   Australian Dollar / Japanese Yen
Looking to short the Aussie between the 15M -OB Equilibrium and the 1H -OB Equilibrium, which coincides with the 79% retracement of the move down yesterday, which was on the back of the Fed decision and comments by Stevens last night. Entry will be at 87.15, with a stop above previous swing high at 87.6. Looking to sweep the lows from last night, so profit target is 85.25.

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