This pair is still in up trend earlier had a it’s retracement on 50% Fibonacci and continued the uptrend.
Untill now we can expect furthermore continuation .
The drop we saw till now on audjpy is that we have a harmonic patternABCD on M15 And we are on strong sell zone on H4 AND Daily
My own expcatation is shorting because we have many reason to go short
What we can do is to wait :
wait the trendline to be broken on H4
Wait the pair to make a new high confirmed with an h4 candle close above it
so i will be watching it
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