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To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts.TitleAUDJPY potential for bearish drop towards previous swing lowTypeBearish ReversalPreference:Looking a the H4 chart, my bias for AUDJPY is bearish due to the current price crossing below the cloud, indicating a possible shift to bearish market structure.Looking for a possible sell entry at the pivot level for price to head towards the 1st support where the previous swing low is.It's worth nothing that there is an intermediate support level here that price might bounce from.

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