AUDJPY Short Setup: Leveraging Probabilities for Better Trades

Key Fundamentals

China's Economic Slowdown: Australia relies heavily on trade with China. If China’s economy weakens, it can hurt Australia’s economy and the Australian Dollar.

Safe-Haven Demand: In uncertain times, investors often turn to safe-haven currencies like the Japanese Yen, which could lead to a drop in AUD/JPY.

Different Central Bank Policies: The Bank of Japan is keeping interest rates low, while the Reserve Bank of Australia may consider rate hikes. This difference can strengthen the Yen against the Australian Dollar.


Using Probabilities for Short Trades

By combining these fundamentals with a probability-based strategy, I aim to effectively trade AUD/JPY.


12M:

2W:

2H:
On this timeframe I can get positioned into shorts based on probabilities.