AUDJPY Institutional Short Setup

Hello traders! With Friday's price action signaling a reversal off the 87.54 high we can expect further consolidation/downside. The 86.66 area will be a likely place to see price find some resistance going forward. Selling just ahead of the figure with a 30-40 pip stop loss would be a trade with the odds in your favor. Look to get whatever you can on the profit side, but be mindful that this pair has been in a strong uptrend for a while with major support starting at 85.55. Good luck to anyone that takes this trade!