AUD/JPY-Trade

For our FX traders and general analysis as the movement in both currencies is bearish for stocks, the AUD/JPY looks like it's going to fall.

As mentioned earlier, the Yen looked like an upside reversal was building, it has only gotten stronger since. It would seem there not a lot of risk in shorting the Yen here, I don't know how long the trade will last, but it looks like it's worth a short.

 The AUD/JPY is already starting to roll a bit, but that's not why...

 Here's the yen 2 min

 3 min

And now the 5 min is moving.